MoneyAM MoneyAM
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Research   Share Price   Awards   Indices   Market Scan   Company Zone   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Stock Screener   Forward Diary   Forex Prices   Director Deals   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Videos   Comparison Tables   Spread Betting   Broker Notes   Shares Magazine 
You are NOT currently logged in

 
Filter Criteria  
Epic: Keywords: 
From: Time:  (hh:mm) RNS:  MonAM: 
To: Time:  (hh:mm)
Please Note - Streaming News is only available to subscribers to the Active Level and above
 


IN BRIEF: Central Asia Metals on track to meet annual output guidance

ALN

Central Asia Metals PLC - copper, zinc and lead explorer operating in Kazakhstan and North Macedonia - Updates on its third quarter operations at Kounrad in Kazakhstan, with copper production at Kounrad rising to 3,661 tonnes from 3,380 tonnes in the previous quarter. At Sasa in North Macedonia, zinc in concentrate production grows to 5,127 tonnes from 4,847 tonnes, while lead in concentrate production dips tp 7,039 tonnes from 7,116 tonnes.

Looking ahead, targets copper production of 13,000 to 14,000 tonnes in 2023, zinc in concentrate production of 19,000 to 21,000 tonnes, and lead in concentrate at 27,000 to 29,000 tonnes.

Chief Executive Officer Nigel Robinson comments: ‘We remain on schedule to meet our full year guidance. Importantly, this production has been delivered safely as we have reported zero [lost time injuries] at both operations.

‘As we look towards the end of the year, we will further progress our investments at Sasa, as well as complete construction and commissioning of our Kounrad solar power plant, which should start generating electricity for us before the end of 2023.’

Current stock price: 175.12 pence, up 4.6%

12-month change: down 19%

Copyright 2023 Alliance News Ltd. All Rights Reserved.