Central Asia Metals Reports Challenging H1 2025 with Declining Profits and Cash Flow
The mining operator reported a significant drop in profits and cash flow for H1 2025, facing operational challenges and cost pressures across its projects.
The mining operator reported a significant drop in profits and cash flow for H1 2025, facing operational challenges and cost pressures across its projects.
The metals producer will release its interim results for the period ended 30 June 2025 on 10 September 2025.
The mining company has appointed a new Independent Non-Executive Director with extensive industry experience to its Board.
The mining company has withdrawn its offer to acquire New World Resources after a competing bid was deemed superior.
The base metals producer has increased its cash offer price for the acquisition of New World Resources, a move that values the target company at approximately A$240 million.
The base metals producer reported stable copper output at its Kounrad operation, but faced challenges at the Sasa mine, leading to a downward revision in zinc and lead production guidance for the year.
The base metals producer has offered to acquire the copper, zinc, silver, and lead company in an off-market takeover deal valued at approximately A$230 million.
The base metals producer has executed a third deed of variation with another company, but the announcement lacks details on the financial or operational impact.
The base metals producer has acquired a 7.1% stake in NWR and increased the cash consideration for the proposed acquisition from A$0.055 to A$0.062 per share.
The mining company has reported that major shareholder BlackRock has reduced its stake in the business.