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Central Asia Metals

CAML · AIM · Basic Resources · mcap £262m · 153.8p

The company runs the Kounrad copper recovery operation in Kazakhstan and the Sasa zinc and lead mine in North Macedonia. It also holds exploration interests in Scotland, Kazakhstan and Quebec.

Key announcements Monitoring checked today, 09:35

DateTypeAnnouncementDay
07 Oct 26 Q3 2026 Operations Update
Q3 copper production 3,454 tonnes, zinc 4,968 tonnes, lead 7,255 tonnes; on track for full-year guidance.
−0.4%
23 Sep 26 Adjournment of the Second Court Hearing
Second Court Hearing for Cygnus Metals acquisition adjourned to 14 October 2026 pending Kazakhstan regulatory approval.
−1.5%
21 Sep 26 Further update regarding the Scheme of Arrangement
Kazakhstan regulatory approval for Cygnus acquisition delayed; Second Court Date deferred pending MIC decision by 12 October 2026.
+1.1%
18 Sep 26 Result of the Cygnus Scheme Meeting
Cygnus Metals shareholders approved scheme of arrangement for CAML acquisition in all-share transaction.
+0.0%
14 Sep 26 Update regarding the Scheme of Arrangement
Kazakhstan regulatory approval for Cygnus acquisition Scheme pending, decision by 1 October 2026.
−2.4%
04 Sep 26 Authorisation granted to allot New CAML Shares
Shareholders authorise share allotment for acquisition of Cygnus Metals, a copper-gold developer in Quebec.
+0.1%
01 Sep 26 Conditional Approval of TSX listing
Central Asia Metals receives conditional approval for TSX listing as part of Cygnus acquisition strategy.
−2.2%
26 Aug 26 Results Half-year Results
H1 2026 revenue up 46% to $145.5m, EBITDA up 89% to $75.5m; Cygnus Metals acquisition agreed
+8.5%
14 Aug 26 Availability of the Scheme Booklet and Circular
Scheme Booklet published for recommended acquisition of Cygnus Metals; Extraordinary General Meeting scheduled for 4 September 2026.
−0.5%
07 Aug 26 Notice of Interim Results
Central Asia Metals to release interim results for period ended 30 June 2026 on 26 August 2026.
+1.6%
05 Aug 26 Mineral Resource and Ore Reserve Update
CAML publishes audited mineral resource and ore reserve estimates for Kounrad and Sasa ahead of Cygnus acquisition.
+0.9%
08 Jul 26 H1 2026 Operations Update
H1 2026 production ahead of prior year in all metals; copper and zinc prices significantly higher; net cash $96.7m.
+0.3%
01 Jul 26 Grant of Long-Term Share Awards
Long-term share awards granted to CEO and CFO, vesting in 2029 subject to performance conditions.
+0.2%
10 Jun 26 Trading update Trading Update and Outlook
Production ahead of prior year; record copper prices and higher zinc prices drive profitability in H1 2026.
+3.4%
08 Jun 26 Share Purchase by a Director
Non-Executive Director Alison Baker purchased 7,545 shares at £1.325119 per share on the open market.
+1.8%
02 Jun 26 Proposed acquisition of Cygnus Metals Limited
CAML to acquire Cygnus Metals for A$232 million, adding Chibougamau copper-gold project in Canada.
−1.3%
18 May 26 Results of 2026 Annual General Meeting (AGM)
All 18 resolutions passed at CAML's 2026 AGM, including director re-appointments and final dividend approval.
+0.0%
11 May 26 Share Premium Cancellation Effective
Share premium cancellation effective, creating distributable reserves for future dividends and buybacks.
+1.2%
16 Apr 26 Q1 2026 Operations Update
Q1 2026: Kounrad copper 2,880t, Sasa zinc 4,282t and lead 6,529t; FY2026 guidance maintained.
−0.4%
15 Apr 26 Results Annual Report and Accounts 2025 and Notice of AGM
Annual Report and Accounts 2025 published; AGM scheduled for 18 May 2026 in London.
−0.9%
15 Apr 26 Publication of 2025 Sustainability Report
Central Asia Metals publishes 2025 Sustainability Report detailing performance against long-term targets.
−0.9%
30 Mar 26 Result of General Meeting
Shareholders approved share premium cancellation at extraordinary general meeting; court approval expected by end of April.
−0.3%
19 Mar 26 Results 2025 Full-Year Results
Full-year 2025 revenue $229.9m and EBITDA $101.8m with $117.8m impairment charge; 12p dividend recommended.
−6.4%
10 Mar 26 Proposed Share Premium Cancellation and EGM Notice
Proposed cancellation of share premium account to increase distributable reserves for potential future dividends and buybacks.
+5.0%
03 Mar 26 Sasa Mineral Resource and Ore Reserve Statement
Sasa mine life cut to 2034 with $120m impairment charge on reduced ore reserves and challenging geology.
−23.8%
08 Jan 26 2025 Operations Update
FY2025 copper and zinc-lead production met guidance; FY2026 guidance issued with zinc and lead production increase.
−2.2%
07 Nov 25 Purchase of Shares & Option Exercises by Directors
CEO and Non-Executive Director purchased shares and exercised options on 6 November 2025.
−0.4%
09 Oct 25 Q3 2025 Operations Update
Q3 2025 production update: Kounrad copper 3,615 tonnes, Sasa zinc 4,202 tonnes, lead 5,978 tonnes; FY2025 guidance maintained.
−0.1%
10 Sep 25 Initiation of US$10m share buyback programme
Company initiates US$10 million share buyback programme to run until March 2026 or completion.
−13.4%
10 Sep 25 Results Half-year Results
H1 2025 revenue $99.5m, EBITDA $39.9m down 23%, interim dividend 4.5p, $10m buyback announced.
−13.4%
21 Aug 25 Notice of Interim Results
Central Asia Metals to release interim results for period ended 30 June 2025 on 10 September 2025.
+0.5%
21 Aug 25 Board change Non-Executive Director Board Changes
Alison Baker appointed as Independent Non-Executive Director and Audit Committee Chair; David Swan steps down after 11 years.
+0.5%
21 Jul 25 Update on New World Resources acquisition
CAML's acquisition of New World Resources terminated after NWR Board accepted rival Kinterra offer.
+5.5%
17 Jul 25 Cash Offer Price Increase for New World Resources
CAML increased takeover offer for New World Resources to A$0.065 per share, valuing company at A$240 million, now unconditional.
−0.9%
10 Jul 25 H1 2025 Operations Update
H1 2025 copper output in line with guidance; zinc and lead production revised down due to head grade challenges at Sasa.
−8.1%
07 Jul 25 Revised off-market takeover agreement
CAML revises takeover agreement for New World Resources, switching to off-market bid at A$0.062 per share.
−1.1%
30 Jun 25 Executed Third Deed of Variation
CAML executed Third Deed of Variation to increase cash consideration for New World Resources to A$0.062 per share.
−1.5%
26 Jun 25 After-market purchase and offer price increase
CAML increases NWR acquisition offer price from A$0.055 to A$0.062 per share after purchasing 7.1% stake.
+1.4%
23 Jun 25 Executed Second Deed of Variation
Increased cash offer to A$0.055 per NWR share, valuing target at A$204m, amid competing higher bid
−1.5%
20 Jun 25 CAML on-market purchase and offer price increase
CAML increases NWR takeover offer price to A$0.055 per share and purchases 5% stake on-market.
+1.0%
20 Jun 25 Revised proposal with New World Resources Limited
CAML increases offer for New World Resources to A$0.053 per share and commits A$10m funding placement.
+1.0%
30 May 25 Grant of Long-Term Share Awards
Executive Directors granted long-term share awards vesting in 2028 based on TSR and sustainability targets.
+1.6%
21 May 25 Proposed acquisition of New World Resources
Central Asia Metals agrees to acquire New World Resources and Antler copper project for A$185 million.
+0.8%
15 May 25 Result of AGM
All resolutions at the 2025 AGM passed, including final dividend of 9p per share and director re-appointments.
−1.8%
15 Apr 25 Results Annual Report and Accounts 2024 and Notice of AGM
Annual Report and Accounts for 2024 published; AGM scheduled for 15 May 2025 in London.
+2.5%
15 Apr 25 Publication of 2024 Sustainability Report
Central Asia Metals published 2024 Sustainability Report with new performance targets for health, environment and community impact.
+2.5%
09 Apr 25 Disposal of Copper Bay
Completed sale of 76.1% stake in Copper Bay copper tailings project in Chile to Guardian Metals for up to $7.5m.
−2.9%
08 Apr 25 Q1 2025 Operations Update
Q1 2025 copper production down 9% to 2,852 tonnes; zinc and lead broadly flat; Sasa DST plant operational.
+1.4%
20 Mar 25 Results 2024 Full-Year Results
Full-year revenue $214.4m, EBITDA $101.8m, free cash flow $65.7m, 18p dividend maintained despite operational transition.
+5.4%
09 Jan 25 2024 Operations Update
Full-year 2024 copper production on target; zinc and lead slightly below guidance due to mining transition.
+2.3%
09 Oct 24 Q3 2024 Operations Update
Q3 2024 copper and zinc-lead production in line with prior year; full-year guidance on track.
+0.2%
01 Oct 24 Confirmation of management changes
Nigel Robinson steps down as CEO after six years, succeeded by Gavin Ferrar. Louise Wrathall becomes CFO.
+0.0%
10 Sep 24 Results Half-year Results
H1 2024 gross revenue $103.8m, EBITDA $49.1m, free cash flow $30.0m; interim dividend 9p per share declared.
−0.5%
20 Aug 24 Notice of Interim Results
Interim results for period ended 30 June 2024 to be released on 10 September 2024.
−2.5%
11 Jul 24 H1 2024 Operations Update
H1 2024: Kounrad copper production in line with prior year; Sasa zinc and lead output down due to mining transition.
−1.5%
04 Jul 24 Succession Planning
CEO Nigel Robinson steps down on 1 October 2024; CFO Gavin Ferrar succeeds him; Louise Wrathall becomes CFO.
−1.7%
02 Jul 24 CAML achieves conformance with GISTM
CAML achieves conformance with Global Industry Standard on Tailings Management at Sasa mine.
−0.5%
03 Jun 24 Completion of Aberdeen Minerals Initial Investment
CAML completes £3 million initial investment in Aberdeen Minerals, acquiring 28.7% stake with warrant for further £2 million investment.
−1.6%
23 May 24 Option Exercise by Directors
Three directors exercised nominal cost share options, cash settled at £2.2206 per share.
−0.9%
17 May 24 Results of Annual General Meeting (‘AGM’)
All resolutions proposed at the AGM were passed.
+2.7%
18 Apr 24 Results Annual Report and Accounts 2023 and Notice of AGM
Annual Report and Accounts for 2023 published; AGM scheduled for 17 May 2024 in London.
−1.4%
10 Apr 24 Grant of Long-Term Share Awards
Long-term share awards granted to CEO, CFO and Director of Corporate Development vesting in 2027.
+4.4%
09 Apr 24 Q1 2024 Operations Update
Q1 2024 production update shows copper at 3,120 tonnes, zinc at 4,741 tonnes, lead at 6,529 tonnes with zero lost time injuries.
+0.7%
25 Mar 24 Results 2023 Full Year Results
2023 revenue $207.4m and EBITDA $96.5m down on prior year due to lower metal prices and cost pressures.
−2.7%
25 Mar 24 Investment in Aberdeen Minerals Ltd
CAML invests £3 million for 28.7% stake in Aberdeen Minerals, a junior copper-nickel explorer in Scotland.
−2.7%
11 Jan 24 2023 Operations Update
2023 copper production towards upper guidance; solar plant operational; cash position $57.2m; 2024 guidance issued.
+0.0%
10 Oct 23 Q3 2023 Operations Update
Q3 2023 copper production 3,661 tonnes and zinc/lead output on track for full year guidance with zero injuries.
+3.6%

Company filings. Not investment advice.

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