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Share Price Information for Central Asia Metals (CAML)

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Share Price: 223.00
Bid: 218.00
Ask: 219.00
Change: 3.50 (1.59%)
Spread: 1.00 (0.459%)
Open: 219.50
High: 224.00
Low: 217.00
Prev. Close: 219.50
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Central Asia Metals hits record copper sales in August

Wed, 05th Oct 2016 09:47

(ShareCast News) - Central Asia Metals, an AIM listed London based copper producer with operations in Kazakhstan and Chile, achieved record copper production in the third quarter at the Kounrad site in Kazakhstan.Production rose a quarterly record of 38% to 4,102 tonnes compared to 2,966 tonnes in the previous periodCopper production to 30 September 2016 rose 31% to 11,010 tonnes compared to 8,410 tonnes in the previous period.Copper cathode sales in the period rose 38% to 10,646 tonnes compared to 7,699 tonnes in the previous period. The copper was sold predominantly through the company's off-take sales arrangement with financial and logistical solutions provider Traxys.The firm is on track to achieve its target of 13,000 tonnes to 14,000 tonnes by the end of the year and its Stage 2 expansion is on schedule for completion in October.Executive chairman Nick Clarke said: "Looking ahead, we have nearly completed our Stage 2 Expansion and will begin leaching copper from the Western Dumps in Q2 2017. As a result of the devaluation of the Kazakhstan Tenge as well as some engineering cost savings, we remain confident that we can complete this capex programme approximately 25% below our initial budget of US$19.5m. In Q4 2016, we will also complete the definitive feasibility study that is currently being concluded on our Copper Bay project in Chile."The share price rose 7.68% to 194.62p at 1032 BST on Wednesday.
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4 Jul 2016 12:23

Central Asia copper production surges at Kounrad

(ShareCast News) - Central Asia Metals updated the market on its production and Stage 2 expansion on Monday, for the six months to 30 June at the Kounrad dump leach, solvent extraction and electrowinning copper recovery plant in Kazakhstan. The AIM-traded firm said Q2 copper production rose 20% to 3

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4 Jul 2016 08:36

Central Asia Metals Copper Production Higher, On Track For 2016

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8 Jun 2016 15:04

UK Dividends Calendar - Next 7 Days

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1 Jun 2016 15:07

UK Shareholder Meetings Calendar - Next 7 Days

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11 Apr 2016 10:33

Central Asia Metals Holds Dividend As Profit Falls; CEO To Be Chairman

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7 Apr 2016 08:14

Central Asia Metals Kounrad Production Up, On Track For Full Year

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4 Apr 2016 15:02

Earnings, Trading Statements Calendar - Week Ahead

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10 Mar 2016 13:12

Expected shortages boost crowd-pulling power of copper mines

* Supply problems partly due to Chile's deteriorating ore grade * No new, game-changing deposits founds despite 2002-2011 rally * Private equity looking to pick up distressed assets By Pratima Desai LONDON, March 10 (Reuters) - An expected global shortage of copper in year

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6 Jan 2016 14:31

Central Asia Metals thrives despite low copper prices

(ShareCast News) - A weaker Kazakh currency and increased efficiency made for a positive end to 2015 at Central Asia Metals, despite the low price climate for copper. The AIM-listed metals miner updated the market on its Kounrad operation in Kazakhstan, including 2015 production and its guidance for

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6 Jan 2016 09:24

Central Asia Metals Targeting Increased Production For 2016

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6 Jan 2016 08:44

Central Asia Metals Q4 output jumps, sees further growth in 2016

ALMATY, Jan 6 (Reuters) - London-listed Central Asia Metals Plc (CAML) raised production of cathode copper by 35 percent in the fourth quarter of 2015 to 3,661 tonnes and plans to boost output further this year, it said on Wednesday. "The Company is now targeting increased copper production

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29 Dec 2015 16:06

Earnings, Trading Statements Calendar - Week Ahead

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23 Nov 2015 10:43

Central Asia Metals Gets Approvals For Expansion Programme At Kounrad

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5 Oct 2015 09:00

Central Asia Metals Q3 output slips due to June incident

ALMATY, Oct 5 (Reuters) - London-listed Central Asia Metals Plc (CAML) cut production of cathode copper by 11 percent in the third quarter of this year to 2,966 tonnes due to an operational incident in late June, it said on Monday. CAML operates a plant in Kounrad in central Kazakhstan to r

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5 Oct 2015 08:55

Central Asia Metals Keeps Production Guidance On Lower Third Quarter

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