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Kaz Minerals lifted its guidance on gold production following an uptick in copper output in the third quarter of the year, driven by 'strong' performance from its Aktogay and Bozshakol mines.
Copper production was on track to meet full-year guidance of about 300,000 tonnes and gold production now forecast to exceed the top end of guidance of 170,000-to-185,000 ounces by around 5%.
Quarterly copper production was 82,900 tonnes, up from 77,600 and gold production was 58,500 ounces, up from 44,300 ounces.