Kazakhmys slashes divi and warns of impairment

Kazakhmys, the largest copper producer in Kazakhstan and one of the biggest worldwide, said on Thursday that it would be slashing its dividend for 2012 to reflect falling profits.

Kazakhmys, the largest copper producer in Kazakhstan and one of the biggest worldwide, said on Thursday that it would be slashing its dividend for 2012 to reflect falling profits.

The company also warned that it could be hit with an impairment charge after reviewing the carrying value of its 26% interest in fellow FTSE 100 miner ENRC.

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