Central Asia Metals (CAML LN) has delivered another quarter of strong production with QoQ increases in copper, lead and zinc production of 11%, 3% and 5% respectively and annual increases of 3% and 8% for copper and zinc while lead production was marginally lower YoY by -3%. With Q3 2019 production of 4kt of copper, 6.2kt of zinc and 7.4kt of lead CAML is well on track to meet the initial guidance and our production estimates for the full year 2019.
08 Oct 2019
VSA Morning Miner
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VSA Morning Miner
Central Asia Metals Plc (CAML:LON) | 199 4 1.0% | Mkt Cap: 361.6m
- Published:
08 Oct 2019 -
Author:
Oliver O’Donnell -
Pages:
3
Central Asia Metals (CAML LN) has delivered another quarter of strong production with QoQ increases in copper, lead and zinc production of 11%, 3% and 5% respectively and annual increases of 3% and 8% for copper and zinc while lead production was marginally lower YoY by -3%. With Q3 2019 production of 4kt of copper, 6.2kt of zinc and 7.4kt of lead CAML is well on track to meet the initial guidance and our production estimates for the full year 2019.