https://www.miningweekly.com

CAML on track to meet FY target

4th October 2018

By: Creamer Media Reporter

     

Font size: - +

Aim-listed Central Asia Metals (CAML) has had a good third quarter and is on track to meet its production guidance for the year, the miner reported on Thursday.

In the third quarter, the base metals firm produced 3 938 t of copper from its Kounrad operation, in Kazakhstan, and 5 472 t of copper in concentrate and 7 602 t of lead in concentrate from the Sasa mine, in Macedonia.

In the first nine months of the year, CAML produced 10 686 t of copper, 16 762 t of zinc and 21 988 t of lead.

“We have experienced a good quarter at both of our operations, with copper cathode output at Kounrad up by 2.5% when compared to the third quarter of 2017, and improved zinc recoveries at Sasa. Our production figures confirm that we are on track to achieve 2018 guidance for all three of our metal products,” said CEO Nigel Robinson.

The full-year guidance is copper output of between 13 000 t and 14 000 t, zinc in concentrate output of 21 000 t to 23 000 t and lead in concentrate production of 28 000 t to 30 000 t.

Edited by Mariaan Webb
Creamer Media Contract Publishing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

EKATO Africa
EKATO Africa

Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...

VISIT SHOWROOM 
Alco-Safe
Alco-Safe

Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.051 0.752s - 134pq - 2rq
Subscribe Now