Copper miner KAZ Minerals announced on Wednesday November 18 that the Baimskaya copper project in Russia will have a construction budget of $8 billion and a delayed production starting date of 2027.
The news came ahead of a planned vote on the takeover of the company by its largest shareholders: the company's chairman, Oleg Novachuk, and Vladimir Kim, Kazakhstan's richest man.Some of its minority shareholders, represented by investment companies RWC Partners of London and...