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CAML delivers dividend surprise despite Sasa headwinds

The Macedonia and Kazakhstan-focused base metals miner Central Asia Metals made good progress in paying down its debt in 2021, but faced operational problems at its Sasa zinc and lead mine, causing a guidance miss.

CAML delivers dividend surprise despite Sasa headwinds CAML delivers dividend surprise despite Sasa headwinds CAML delivers dividend surprise despite Sasa headwinds CAML delivers dividend surprise despite Sasa headwinds CAML delivers dividend surprise despite Sasa headwinds

Central Asia Metals shrank its balance sheet by $48.4 million in 2021, bringing net cash to $22.7 million, thanks to strong copper production, and rising prices for base metals.