Company Moves Metals & Minerals News

Central Asia Metals CEO to step down

Central Asia Metals plc chief executive officer Nigel Robinson is to step down, effective from 1 October. CHALLENGING His successor will be chief financial officer Gavin Ferrar who has been with the company for 10 years. Executive director of corporate development Louise Wrathall will become CFO on the same date, while retaining focus on business […]

Finance Metals & Minerals News

CAML begins exploration in Kazakhstan

Central Asia Metals plc has created a “solid platform for growth” from its cash holding of $50.6 million from copper-lead-zinc operations in Kazakhstan and North Macedonia. FINANCES In its half-year results, the company said it had started early-stage exploration in Kazakhstan with Terra Exploration and in 2023 expects to complete the Kounrad solar power plant. Group […]

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 […]