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Central Asia Metals reports 10% first quarter copper output decline in Kazakhstan

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(Kitco News) - Central Asia Metals (AIM: CAML) today provided a Q1 2021 operations update for the Kounrad dump leach, solvent extraction and electro-winning copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.

Kounrad's Q1 2021 copper production was 2,880 tonnes, a 10% decline over Q1 2020 (3,201 tonnes), with 100% of the metal leached from the Western Dumps during the winter period for the first time. Copper sales during Q1 2021 were 2,875 tonnes.

In Q1 2021, mined and processed ore at Sasa were 207,704 tonnes and 210,413 tonnes respectively. In February, there was a period of unplanned mill maintenance, which resulted in a loss of production for up to four days. The average head grades for the period were 3.23% zinc and 3.57% lead. Q1 2021 metallurgical recoveries were 84.5% for zinc and 93.5% for lead.

Sasa produces a zinc concentrate and a separate lead concentrate. In Q1 2021, 11,521 tonnes of concentrate containing 49.8% zinc and 9,730 tonnes of concentrate containing 72.1% lead were produced.

CEO Nigel Robinson commented, "We are pleased with our production achievements during these cold winter months but were disappointed to record a lost time injury at Sasa at the end of March 2021, having previously achieved 786 days without an incident."

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