Metals & Minerals News

CAML grants 653,580 incentive awards

Central Asia Metals plc has awarded a total 653,580 nominal cost long-term share awards over ordinary shares to its executive directors. DIRECTORS The grant yesterday, at an exercise price of $0.01 per share, was under the company’s long-term incentive plan 2022. Each LTIP award is exercisable in return for one ordinary share. Chief executive officer […]

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Central Asia NED Nurlan Zhakupov steps down

Central Asia Metals plc non-executive director Nurlan Zhakupov has stepped down after 11 years on the board, with effect from 3 April 2023. His departure follows his appointment as chief executive officer of Kazakhstan’s Samruk-Kazyna sovereign wealth fund.     Non-executive chairman Nick Clarke said that Mr Zhakupov had been valued member of the company […]

Metals & Minerals News

CAML impairment at Sasa halves profit

Central Asia Metals plc (CAM) reported group profit before tax fell by 50% from non-cash impairment charge at its Sasa lead-zinc mine in North Macedonia. FINANCES The company’s full year results for the 12 months ended 31 December 2022 for Sasa and its Kounrad copper recovery plant in Kazakhstan showed pre-tax profit of $54.6 million […]

Metals & Minerals News

CAML records strong Kounrad-Sasa production

Central Asia Metals plc operations report showed copper recovery above guidance and zinc-lead production within guidance from its operations in Kazakhstan and North Macedonia. KOUNRAD At the Kounrad dump leach, solvent extraction and electro-winning (SX-EW) copper recovery plant, the company reported record production of 14, 254 tonnes of copper, with zero lost time injuries. The […]