Central Asia Metals Plc (CAML.L) Announced its 4Q and full year 2018 operations update for the Kounrad dump leach, solvent extraction and electro-winning copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in Macedonia.
Production guidance met for copper, zinc and lead. copper produced was 14,049 tonnes in 2018 at Kounrad.
Zinc in concentrate was produced 22,532 tonnes and Lead in concentrate was produced 29,388 tonnes in 2018 at Sasa.
Further, diamond drilling exploration programme is completed with updated mineral resource estimate expected in 1Q 2019.
During 2018, the company has screened 22 business development opportunities and conducted three site visits.
The company is currently further reviewing two potential base metals opportunities.
As of 31 December 2018, the company had cash in the bank of $39.0 million.