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
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.
-
Copycat banking websites on the rise - how to spot one
Over 2,000 banking copycat websites were reported as phishing scams in 2023, according to Which? But how do you know if the banking site you're about to use is real?
By Oojal Dhanjal Published
-
Saving for retirement: ISAs vs. SIPPs
Features SIPPs offer more generous tax breaks overall, but ISAs are more flexible. So, which is better?
By Marc Shoffman Last updated