Central Asia Metals (CAML LN) announced robust metal output in Q2 2023 and H1 2023. Copper output of 3.4kt in 2Q23 was down 6% YoY but up 1% QoQ, implying 1H22 production of 6.7kt, up 1.5% YoY. 2Q23 Lead production was flat YoY and up 8% QoQ to 7.1kt and flat YoY in 1H23 at 13.7kt. Zinc production of 4.8kt was 7% lower YoY and by 1% QoQ; 1H23 output was 7% lower YoY at 9.8kt. All three metals are on track to meet the company’s guidance and our forecast for copper remains unchanged with a 1% incr ....
