10 Jan 2023
Another strong production year bagged
CAML starts 2023 in a position of considerable strength on the back of yet another year of guidance-beating copper production at Kounrad and a stable performance at the Sasa zinc-lead mine, which together helped the group end 2022 with over $60m of cash to hand an no debt. Kounrad is expected to remain producing at typical rates through 2023 while Sasa will see another year of slightly below historically achieved zinc and lead production rates as it completes the project to transition to cut-and ....
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Another strong production year bagged
Central Asia Metals Plc (CAML:LON) | 160 1.9 0.8% | Mkt Cap: 287.0m
- Published:
10 Jan 2023 -
Author:
Nick Chalmers -
Pages:
4 -
CAML starts 2023 in a position of considerable strength on the back of yet another year of guidance-beating copper production at Kounrad and a stable performance at the Sasa zinc-lead mine, which together helped the group end 2022 with over $60m of cash to hand an no debt. Kounrad is expected to remain producing at typical rates through 2023 while Sasa will see another year of slightly below historically achieved zinc and lead production rates as it completes the project to transition to cut-and ....