CAML has been a standout performer in the junior mining sector since its IPO a decade ago, its low operating cost structure ensuring robust margins have been maintained throughout the past decade of commodity market volatility. This has enabled the group to return some US$177m of cash to shareholders via dividend distributions and share buybacks. CAML’s success is rooted in the Kounrad copper dump-leach operation, where the absence of rock handling facilitatesindustry-low cash costs. More recent ....
