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KAZ's Baimskaya 'NPV-negative'

Macquarie downgrades KAZ on Baimskaya purchase before London selloff

Alex Hamer

Macquarie analyst Ioannis Masvoulas said the 300,000-tonne-per-annum copper miner was doing well operationally but its US$900 million move away from its home country, Kazakhstan, came with more risk than...

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