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EPIC: CAML
Market: AIM
52-week High/Low: 275.50p / 203.00p
Sector: General Mining
Market Cap: 454.49M
Central Asia Metals Ltd

Central Asia Metals Ltd

CAML is a copper producer with SX-EW operations at Kounrad, Kazakhstan and is a zinc and lead producer at the Sasa mine in Macedonia. The Company listed in 2010 and began producing copper in 2012. Kounrad has since produced over 65,000 tonnes of cathode and generated cash of $200m. CAML has now distributed $105m in dividends and share buy backs as well as paying $90m in Kazakh taxes and supporting the local community. The Company recently announced its acquisition of Lynx Resources, owner of the Sasa zinc-lead mine. The acquisition has provided operational, commodity and geographical diversification, while increasing CAML's low cost base metals production by 150% in copper equivalent terms.

 

Central Asia Metals Ltd

www.centralasiametals.com

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