Central Asia Metals Plc (“CAML” or the “Company”) is an AIM-listed UK company based in London. Its main countries of operation are Kazakhstan and Mongolia. CAML is a copper producing, precious and base metals mining, exploration and development company with majority stakes in copper, gold and molybdenum projects in Kazakhstan and Mongolia.
The Company’s assets include:
- 60% of the Kounrad copper project in eastern Kazakhstan and an operating 10,000tpa SX-EW plant, which is targeting production of 10,000 of copper cathode in 2013.
- 70% of the Alag Bayan copper-gold porphyry exploration licence, located in the middle of Mongolia’s prolific copper-gold porphyry mineralisation trend, 100km from the world-class Oyu Tolgoi copper-gold deposit.
- 80% of the Handgait molybdenum project with 42,000t of metal in resource in northern Mongolia.
- 85% of the Ereen gold project with c. 773koz in JORC-classified resources situated some 130km north of Ulaanbaatar, Mongolia. Currently held for sale.
Central Asia Metals Plc’s highly experienced management and operations team has a proven record in Central Asia, and is working towards developing its diversified base and precious metals portfolio by identifying further value-adding opportunities and projects throughout Kazakhstan, Mongolia and the rest of Central Asia.