Watch the latest episode of focusIR Fireside Chats: Why Edinburgh Investment Trust Is Backing Turnaround Stocks for 2026 Growth. View here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCentral Asia Metals Regulatory News (CAML)

Share Price Information for Central Asia Metals (CAML)

Share Price is delayed by 15 minutes
Get Live Data
130.00    2.80 (2.20%)
Bid:
129.60
Ask:
130.60
Spread: 1.00 (0.772%)
Market Cap: £221.53m
CAML Live PriceLast checked at - London Stock Exchange

Intraday Central Asia Metals Share Chart

Production Update

2 Jul 2012 07:00

RNS Number : 5848G
Central Asia Metals PLC
02 July 2012
 



2 July 2012

 

CENTRAL ASIA METALS PLC

("CAML" or the "Company")

 

 

Production Update from Kounrad Copper Project in Kazakhstan

 

Central Asia Metals plc (AIM:CAML), is pleased to announce its maiden production update from its recently constructed SX-EW copper plant at Kounrad, Kazakhstan. The plant, which was constructed at a capital cost of $40 million, some 15% below budget, commenced production on 29 April 2012. As at 30 June 2012, a total of 1,728 tonnes of cathode copper had been produced of which 1,386 tonnes had been sold and delivered to Traxys Europe SA.

To date physical production of copper cathodes has exceeded management's expectations for this early stage of production as the plant is still under commissioning. The plant is operating in accordance with the design capacity specifications and the assessed quality of the cathode copper has consistently met LME grade A quality standards.

Nick Clarke, Chief Executive Officer commented:

"The commissioning phase of the SX-EW plant is progressing well and several areas of the plant have been operating to 100% of their design capacity. We continue to record higher than expected levels of copper in solution from the leaching process on the dumps albeit this is expected to stabilise over time. I am personally delighted with the initial performance of both the leaching process and the SX-EW plant and am confident we will achieve our 2012 production target of 5,000 tonnes.

We have been developing our relationship with Traxys Europe SA and I am pleased that we have sold and delivered 80% of our first two months' production."

 

Enquiries:

Central Asia Metals plc Nick Clarke +44 (0) 20 7898 9001

Nigel Robinson

 

Canaccord Genuity Limited Andrew Chubb +44 (0)20 7253 8000Rob Collins

 

Mirabaud Securities LLP Peter Krens +44 (0)20 7878 3362

 

Pelham Bell Pottinger Charles Vivian +44 (0)20 7861 3232

Lorna Spears

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCDGGDRDSGBGDB
Date   Source Headline
20th Jan 20267:00 amRNSTransaction in Own Shares
19th Jan 20267:00 amRNSTransaction in Own Shares
14th Jan 20267:00 amRNSTransaction in Own Shares
12th Jan 20267:00 amRNSTransaction in Own Shares
9th Jan 20267:00 amRNSTransaction in Own Shares
8th Jan 20267:00 amRNS2025 Operations Update
8th Jan 20267:00 amRNSTransaction in Own Shares
6th Jan 20267:00 amRNSTransaction in Own Shares
5th Jan 20267:00 amRNSTransaction in Own Shares
31st Dec 20251:14 pmRNSTotal Voting Rights
31st Dec 20251:14 pmRNSTotal Voting Rights
31st Dec 202510:07 amRNSTR-1: Notification of major holdings
31st Dec 202510:07 amRNSTR-1: Notification of major holdings
30th Dec 20257:00 amRNSTransaction in Own Shares
30th Dec 20257:00 amRNSTransaction in Own Shares
24th Dec 20257:00 amRNSTransaction in Own Shares
23rd Dec 202512:53 pmRNSTR-1: Notification of major holdings
23rd Dec 202512:53 pmRNSTR-1: Notification of major holdings
23rd Dec 20257:00 amRNSTransaction in Own Shares
23rd Dec 20257:00 amRNSTransaction in Own Shares
22nd Dec 20257:00 amRNSTransaction in Own Shares
22nd Dec 20257:00 amRNSTransaction in Own Shares
10th Dec 20257:00 amRNSTransaction in Own Shares
28th Nov 20255:00 pmRNSTotal Voting Rights
25th Nov 20257:00 amRNSTransaction in Own Shares
24th Nov 20257:00 amRNSTransaction in Own Shares
20th Nov 20257:00 amRNSTransaction in Own Shares
19th Nov 20254:30 pmRNSTR-1: Notification of major holdings
19th Nov 20257:00 amRNSTransaction in Own Shares
18th Nov 20257:00 amRNSTransaction in Own Shares
17th Nov 20257:00 amRNSTransaction in Own Shares
13th Nov 20257:00 amRNSTransaction in Own Shares
7th Nov 20257:30 amRNSPurchase of Shares & Option Exercises by Directors
7th Nov 20257:00 amRNSTransaction in Own Shares
6th Nov 20257:00 amRNSTransaction in Own Shares
5th Nov 20257:00 amRNSTransaction in Own Shares
4th Nov 20257:00 amRNSTransaction in Own Shares
31st Oct 20256:12 pmRNSTotal Voting Rights
29th Oct 20257:00 amRNSTransaction in Own Shares
28th Oct 20257:00 amRNSTransaction in Own Shares
23rd Oct 20257:00 amRNSTransaction in Own Shares
22nd Oct 20257:00 amRNSTransaction in Own Shares
21st Oct 20257:00 amRNSTransaction in Own Shares
20th Oct 20257:00 amRNSTransaction in Own Shares
17th Oct 20257:00 amRNSTransaction in Own Shares
16th Oct 20257:00 amRNSTransaction in Own Shares
13th Oct 20257:00 amRNSTransaction in Own Shares
10th Oct 20256:06 pmRNSTR-1: Notification of major holdings
9th Oct 20257:05 amRNSTransaction in Own Shares
9th Oct 20257:00 amRNSQ3 2025 Operations Update

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.