Kenes Rakishev reduces his share in CALM below 14%

MINEX FORUM | September 22, 2017
img0 Image: forbes.kz Central Asia Metals PLC announces its intention to raise approximately US$153.5 million (approximately £113.0 million) through a fully underwritten placing of new ordinary shares of US$0.01 each in the Company (the Company Placing Shares) with both existing investors and new institutional investors (the Company Placing). In addition to the Company Placing, CBH Europe Limited, on behalf ...

CALM enters Macedonia for $402.5 million

MINEX FORUM | September 22, 2017
img0 Central Asia Metals plc (AIM: CAML)announced that it has conditionally agreed to purchase a 100 per cent. interest in Lynx Resources Limited (“Lynx”), the owner of the SASA zinc-lead mine in Macedonia, from Orion Co-Investments III L.P. (“Orion”) and Fusion Capital AG for $402.5 million (the “Consideration”). Highlights Transformational transaction for CAML, creating an AIM ...

CAML confirmed the current production outlook

MINEX FORUM | July 5, 2017
img0 Central Asia Metals plc (AIM: CAML) published a production update for the six months to 30 June 2017 (H1 2017) for the Kounrad dump leach, solvent extraction and electro-winning (“SX-EW”) copper recovery plant in Kazakhstan (“Kounrad”), and an exploration update for the Shuak property (“Shuak”). Summary: H1 2017 copper production up 2% to 7,027 tonnes (H1 ...

CALM increased copper production by 4,7%

MINEX FORUM | April 6, 2017
img0 Central Asia Metals plc (AIM: CAML) reported a Q1 2017 production update for the Kounrad dump leach, solvent extraction and electro-winning (“SX-EW”) copper recovery plant in Kazakhstan (“Kounrad”).  Kounrad Q1 2017 copper production of 3,357 tonnes is 4.7% higher than that achieved in Q1 2016. Copper sales during Q1 2017 were 2,839 tonnes (+11.3% vs. ...