Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Frontier Mining Rises Most in Three Months in London on Project

April 18 (Bloomberg) -- Frontier Mining Ltd., owner of a copper project in Kazakhstan, rose the most in three months in London trading after saying it began mining operations.

Frontier gained as much as 17 percent, the biggest intraday gain since Jan. 19. It has stockpiled about 25,000 metric tons of copper ore at the Benkala project in northwest Kazakhstan, the company said in a statement today.

“Mining operations have now commenced with mining occurring on an on-going daily basis at a rate of 1,500 tons per day of ore, which will ramp up to 8,000 tons per day as normal operations are established,” the company said.

Frontier, seeking to produce 3,500 tons to 5,000 tons of copper this year, will begin output at the mine in June, it said. It plans annual production of 20,000 tons in 2014, Chief Executive Officer Erlan Sagadiev said in an interview in March.

It rose 0.8 pence to 5.45 pence by 12:20 p.m. in London.

To contact the reporter on this story: Firat Kayakiran in London at

To contact the editor responsible for this story: John Viljen at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.