Kaz Minerals to scrap Hong Kong listing

By Reuters / April 26, 2018 / www.mining.com / Article Link

LONDON, April 26 (Reuters) - Kazakhstan-focused Kaz Minerals will scrap its secondary listing in Hong Kong because of a lack of appetite from investors, the company said on Thursday.

Since the 2011 secondary listing only a small number of shareholders have elected to hold their stock on the Hong Kong register, Kaz Minerals said.

Trading in Kaz Minerals' Hong Kong shares, which represent only 0.03 of the company's total equity, will stop on July 11 and the listing will be withdrawn on Aug. 1.

Kaz Minerals, which mainly mines copper and gold, said the withdrawal will not affect its other listings.

Commodities trader and miner Glencore said in October that it planned to withdraw its listing from Hong Kong, citing a lack of investor interest in the region.

(Reporting by Zandi Shabalala; Editing by David Goodman)

Recent News

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com

Gold majors take the lead

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok