Kazakhmys Gains on Less-Than-Expected Payment to Split Mines
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Kazakhmys Plc rose to the highest level in 14 months in London after paying less than analysts expected for running the copper mines and smelters passed on to its former chairman’s company.
The shares in Kazakhstan’s largest producer of the metal jumped 8.2 percent at the close in London to 344.80 pence, the highest since May 21, 2013.