Central Asia Metals PLC on Thursday said it remains ‘as determined as ever’ as it is appraising a number of opportunities, while it reported a fall in output.
The mining firm focused on Kazakhstan and North Macedonia said copper production fell 0.7% to 3,615 tonnes in the third quarter of 2025, from 3,641 tonnes a year ago.
Zinc output was down 12% to 4,202 tonnes from 4,768 tonnes a year ago, while lead production fell 13% to 5,978 tonnes from 6,864 tonnes.
Chief Executive Officer Gavin Ferrar said: ‘Kounrad [copper operation in Kazakhstan] delivered another quarter of reliable, high-margin production, benefitting as expected from the warmer weather during the summer months which aids leach kinetics. We continue to assess all relevant aspects of the operation with a view to optimising output and margins, and maximising the productive life of the asset.
He added: ’This focus on our core operations is running in parallel with our continued search for a material transaction to grow the business. We are appraising a number of promising opportunities, and remain as determined as ever to bring this work to a positive conclusion.‘
Central Asia Metals shares were up 0.5% at 153.00 pence each on Thursday morning in London.
Copyright 2025 Alliance News Ltd. All Rights Reserved.