Central Asia Metals (CAML LN) has announced that Sasa production can now resume in full and that original guidance of 23-25kt of zinc production and 30- 32kt of lead production remains achievable despite a reduction in throughput guidance from 825-50kt to 800-825kt. We had earlier reduced our throughput estimate to 820kt implying 29.95kt lead and 23.8kt of zinc for 2020 which indicates that our grade or recovery assumptions for lead production are likely too conservative. Processing resumed a
05 Oct 2020
VSA Morning Miner
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VSA Morning Miner
Central Asia Metals Plc (CAML:LON) | 206 6.2 1.5% | Mkt Cap: 373.8m
- Published:
05 Oct 2020 -
Author:
Oliver O’Donnell -
Pages:
3
Central Asia Metals (CAML LN) has announced that Sasa production can now resume in full and that original guidance of 23-25kt of zinc production and 30- 32kt of lead production remains achievable despite a reduction in throughput guidance from 825-50kt to 800-825kt. We had earlier reduced our throughput estimate to 820kt implying 29.95kt lead and 23.8kt of zinc for 2020 which indicates that our grade or recovery assumptions for lead production are likely too conservative. Processing resumed a