CAML reports Kounrad copper milestone

The Kounrad copper recovery plant, which has been producing copper from waste since 2012, has now produced 100 000 t of copper cathode, London-listed Central Asia Metals (CAML) said of its Kazakhstan-based operation on Monday.

The Kounrad copper resources are within the waste dumps that were formed during prior mining activities of the Kounrad deposit, which started in the 1930s. Since CAML’s leaching operations began in April 2012, Kounrad has produced 100 000 t of copper at a C1 cash cost of $0.55/lb.