Central Asia Metals 3Q Copper Production Above 2Q
07 Octubre 2021 - 03:11AM
Noticias Dow Jones
By Anthony O. Goriainoff
Central Asia Metals PLC said Thursday that its third-quarter
copper production was above that of the second quarter, and that it
was on track to achieve the top end of its 2021 copper production
guidance at the copper-recovery plant in Kazakhstan.
Guidance for the Kounrad copper recovery plant is in the range
of 12,500 to 13,500 metric tons.
The London-listed company, which produces copper in Kazakhstan
and zinc and lead in North Macedonia, said copper production for
the period was 4,146 metric tons, compared with 3,334 metric tons
for the second quarter. Kounrad's copper production for the first
nine months of 2021 was 10,360 metric tons.
The company said it was also on course to achieve the lower end
of its 2021 zinc production guidance at the Sasa zinc-lead mine in
North Macedonia. Sasa zinc guidance was in the range of 23,000 to
25,000 metric tons. The company said it expects its Sasa lead
production in the fourth quarter to be around 5% below guidance of
30,000 to 32,000 metric tons.
The company said that it has made a $10 million debt repayment,
and that this will reduce its corporate debt facility to zero by
next August.
Write to Anthony O. Goriainoff at
anthony.orunagoriainoff@dowjones.com
(END) Dow Jones Newswires
October 07, 2021 03:56 ET (07:56 GMT)
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