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CAML ups copper guidance despite ugly third quarter

A better than expected performance by Central Asia Metal’s (CAML) Kazakh operations in the third quarter has prompted the company to boost its annual copper guidance by about 6%.

CAML ups copper guidance despite ugly third quarter CAML ups copper guidance despite ugly third quarter CAML ups copper guidance despite ugly third quarter CAML ups copper guidance despite ugly third quarter CAML ups copper guidance despite ugly third quarter

CAML's Kounrad operation is located near the city of Balkhash in central Kazakhstan

Copper production at CAML's Kounrad mine in Kazakhstan was down 3.9% year-on-year but the 3,993 tonne total was ahead of analyst expectations.