Copper miner KAZ will go private after shareholders accept Kim's increased offer

April 10, 2021 / www.metalbulletin.com / Article Link

KAZ Minerals will be taken private after acquirer Nova Resources received enough shareholder votes to accept its $5.6 billion offer for the company.

As of 1pm on April 9, Nova Resources - a vehicle backed by KAZ Minerals chief executive officer Oleg Novachuk and Kazakhstan's richest man, Vladimir Kim -owned or had had offer acceptances for shares representing 89.17% of the company at 850 pence ($11.67) per share, enough...

Recent News

Another 'Bubble Check' for the gold sector

September 08, 2025 / www.canadianminingreport.com

Gold stocks continue to hit new highs

September 08, 2025 / www.canadianminingreport.com

Some mining stocks exposed to Burkina Faso take major hit

September 02, 2025 / www.canadianminingreport.com

Gold stocks again hit new highs

September 02, 2025 / www.canadianminingreport.com

Gold stocks reach new highs on metal price gain

August 25, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok