Central Asia Metals Limited (CAML), a London-based mining company with operations in Kazakhstan and North Macedonia, disclosed its full-year results for 2023, ending on December 31st, earlier this week on March 25th. Despite facing global economic headwinds, CAML continued its investment initiatives, particularly focusing on the development of its mining projects in North Macedonia and Kazakhstan. Nigel Robinson, CAML’s CEO, highlighted the company’s commitment to enhancing operations at the Sasa and Kounrad mines, including the transition to paste fill mining at Sasa and the completion of a solar power project at Kounrad. Despite challenges posed by a sluggish global economy and declining metal prices, CAML managed to meet its production targets, emphasizing its low-cost operations and robust financial position.
LATEST NEWS
-
KGHM and ARP Forge Partnership for Renewable Energy Development
09/05/2024
-
Mongolia’s Push for International Bonds Amid Mining Concerns
09/05/2024
-
Umicore and STL1 Forge Exclusive Partnership for Germanium Valorization
09/05/2024
-
Resistance to EU Coal Phase-Out Evident in Bulgarian Mining Village
08/05/2024
MOST POPULAR
-
The production of metallurgical materials in Kazakhstan has decreased to a historic lows
-
Digital initiatives of government agencies were discussed in the Government
-
ERG’s investment plans to increase the internal processing of non-ferrous metals
-
The 13th MINEX Kazakhstan Mining and Exploration Forum ends in Astana