If you’d invested in: KAZ Minerals and Gem Diamonds
KAZ Minerals is one of the world’s largest copper producers. It operates primarily in Kazakhstan but exports much of its copper and all of its metal production to Europe.
If only...
UK-listed KAZ Minerals (LSE: KAZ) is one of the world's largest copper producers.It operates primarily in Kazakhstan but exports much of its copper and all of its metal production to Europe.
There has been a slowdown in the mining sector, but KAZ Minerals does not seem to be suffering. The firm was among the lowest-cost copper producers globally in 2016.
Be glad you didn't...
Be glad you didn't
Gem Diamonds (LSE: GEMD) is a global diamond producer that explores for and produces diamonds in parts of Africa, Indonesia and Australia. Shares have tumbled in the past year as a result of the scarcity of large high-value diamonds. It has also been hurt by weakening prices for lower-quality stones produced at its newly built Ghaghoo mine in Botswana, which the group subsequently plans to close. In June this year 27% of shareholders voted against the re-election of chief executive officer Clifford Elphick.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
Alice grew up in Stockholm and studied at the University of the Arts London, where she gained a first-class BA in Journalism. She has written for several publications in Stockholm and London, and joined MoneyWeek in 2017.
-
8 of the best properties for sale with equestrian facilities
The best properties for sale with equestrian facilities – from a Georgian manor in Ceredigion, Wales, to a period farmhouse with an equine swimming pool in Banbury, Oxfordshire
By Natasha Langan Published
-
Energy bills to rise by 1.2% in January 2025
Energy bills are set to rise 1.2% in the New Year when the latest energy price cap comes into play, Ofgem has confirmed
By Dan McEvoy Published