Central Asia Metals plc (CAM) reduced company debt during 2020 and maintained steady production at its Kounrad copper recovery plant in Kazakhstan and Sasa zinc-lead mine in North Macedonia. The base metal company’s Q4 and 2020 full year results showed cash in the bank on 31 December 2020 was reported at $47.9 million and gross debt as at […]
Tag: zinc
Anglesey PEA increases Parys mineable tonnage
Anglesey Mining plc reported major increase in mineable tonnage at its precious and base metals deposits at Parys Mountain in North Wales. POTENTIAL A preliminary economic assessment (PEA) conducted by Micon International Ltd of copper-zinc-lead-gold-silver deposits showed a new estimate of 5.2m tonnes in the indicated category at a combined base metal grade of 4.3%. […]
South Ghanzi JV positive over zinc indications
Joint venture partners Kavango Resources and Power Metal Resources announced “encouraging” zinc concentrations in the Kalahari Copper Belt (KCB), Botswana. Zinc is a recognised pathfinder element for the less mobile copper ions in the soil. The JV expects to conduct airborne electromagnetic geophysics (AEM) surveys over prospective sections of the South Ghanzi project in Q1 […]
CAML starts cleaning river of Sasa tailings
Central Asia Metals plc said it had started to clean the Kamenka River following a leakage from the tailings storage of it Sasa zinc-lead mine in North Macedonia. The leak occurred on 14 September 2020 at the Sasa Tailings Storage Facility 4 (TSF4) and clean-up operations began in late October. The company added that the […]
Calls for more data and no tax rises for miners in Kazakhstan
Central Asia Metals plc (CAM), which has copper interests in Kazakhstan, urged the government to encourage further investment by retaining low taxes. Chief executive Nigel Robinson was speaking at the Mining and Resources Deep Dive session at the virtual Kazakhstan Global Investment Forum during October. Mr Robinson said that while CAM had been successful in […]
Cornish Metals appoints John McGloin as NED
Cornish Metals Inc has appointed John McGloin to the board as a non-executive director. Mr McGloin currently serves as a non-executive director of Perseus Mining Ltd, and Amphi Capital Ltd, a non-executive independent director of Caledonia Mining plc, and the non-executive chairman of Oriole Resources plc, and is the former chairman and chief executive of […]