KAZ eyes up to 16% production growth in 2018

London-, Kazakhstan- and Hong Kong-listed KAZ Minerals is expecting copper production growth of up to 16% in 2018, as the new Aktogay mine, in Kazakhstan, ramped up production. The company, which on Thursday reported a big jump in full-year profit, has set a production guidance of 270 000 t to 300 000 t of copper. This compares with output of 259 000 t in 2017, which in itself was an 80% jump on 2016.