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Steady as Central Asia goes

While concerns remain over the implementation of a planned new mining code in Kazakhstan, Central Asia Metals (LN:CAML) has continued to successfully navigate the jurisdiction’s perceived choppy investment waters, coming out the other end with profits and cash to spare.

Steady as Central Asia goes Steady as Central Asia goes Steady as Central Asia goes Steady as Central Asia goes Steady as Central Asia goes

From dump to doozy: CAML has made Kounrad, in Kazakhstan, a very profitable copper operation

The AIM-listed darling, which has made a business out of leaching soviet-era waste dumps in central Kazakhstan, published its 2016 financial results this week, upping an already-handsome shareholder