BASE METALS

CAML on track for full-year guidance

Central Asia Metals (AIM:CAML) is on track to achieve its full-year guidance for copper, lead and zinc.

Staff reporter
CAML had a good September quarter at the Sasa lead-zinc mine in Macedonia

CAML had a good September quarter at the Sasa lead-zinc mine in Macedonia

It reported copper output of 3,938 tonnes for the September quarter from the Kounrad plant in Kazakhstan, which brought the volume for the first none months of the year to 10,686t, down 1.7% year-on-year.

CEO Nigel Robinson said copper cathode output at Kounrad was up 2.5% year-on-year in the September quarter.

Zinc production for the quarter from the Sasa mine in Macedonia was 5,742t, with January-September output at 16,762t, 3.2% higher than a year ago. 

Sasa also produced 7,602t of lead in the September quarter and 21,988t in the first three quarters of 2018, slipping 2% on the year.

CAML is aiming to produce 13,000-14,000t of copper, 21,000-23,000t of zic and 28,000-30,000t of lead in 2018.

The company's shares were up 5.27% Thursday to £2.495 (US$3.23). 

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

A growing series of reports, each focused on a key discussion point for the farming sector, brought to you by the Kondinin team.

editions

Mining Journal Intelligence Investor Sentiment Report 2024

Survey revealing the plans, priorities, and preferences of 120+ mining investors and their expectations for the sector in 2024.

editions

Mining Journal Intelligence Mining Equities Report 2023

Access an exclusive, inside look on the quarterly mining IPOs and secondary raisings data and mining equities performance tables with an annual Stock Exchange Comparisons supplement.

editions

Mining Journal Intelligence World Risk Report 2023 (feat. MineHutte ratings)

A detailed analysis of mining investment risks across 121 jurisdictions globally, built on 11 ‘hard risk’ metrics and an industrywide survey.

editions

Mining Journal Intelligence Global Leadership Report 2023: Social licence

Gain insights into social licence trends and best practices from interviews with 20+ top mining company executives and an industrywide survey.