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 […]
Tag: Central Asia Metals plc
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 […]
CAML clears $187m debt for Sasa mine
Central Asia Metals plc has, after five year’s ownership, repaid the $187 million debt it needed to acquire the Sasa zinc-lead mine in North Macedonia. FINANCES The company is marking its fifth anniversary with a list of achievements during that time period. On 6 November 2017, Central Asia Metals bought Sasa, which began production in […]
CAML cautions over global inflation
Central Asia Metals plc reported an increased dividend from a strong financial performance driven by high commodity prices for its Kounrad copper operations in Kazakhstan and Sasa lead-zinc mine in North Macedonia. DIVIDEND In the company’s unaudited interim results for the six months ended 30 June 2022 chief executive Nigel Robinson announced an increase in […]
CAML appoints Chris Colbourne as Sasa general director
Central Asia Metals plc has appointed Chris Colbourne as the new general director of its Sasa zinc and lead mine in North Macedonia. He replaces Scott Yelland who continues with the company in his role as chief operating officer. Mr Colbourne has 30 years’ technical, operational and management experience which includes 14 years in senior […]
CAML appoints Louise Wrathall as executive director
Central Asia Metals has appointed Louise Wrathall to the board as executive director of corporate development. Ms Wrathall has been a key member of the senior management team since she joining the company in 2015. Central Asia Metals said that her appointment emphasised the importance the company placed on investor relations, business development and environmental, […]