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Nova Resources to take Kaz Minerals private in £3B deal

Major shareholders believe company's long-term goals better served by going private.

Oonagh Reidy
Kaz Minerals' Bozymchak copper and gold open pit mine in Kyrgyzstan

Kaz Minerals' Bozymchak copper and gold open pit mine in Kyrgyzstan

Nova, which is controlled by two senior Kaz executives - chairman Oleg Novachuk and non-executive director Vladimir Kim - already holds a 39% stake in Kaz, and has agreed to acquire the remainder at 640p...

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