Central Asia Metals: We continue to invest in the sustainable development of the SASA mine and its local community March 7, 2018

The members of the Board of Central Asia Metals (AIM: CAML), the new owner of the SASA mine, presented their vision for the future sustainable development of the country’s largest mining complex to representatives of the Government, Parliament, local council, the business and academic communities and other social sectors in Macedonia.

We were impressed with the mine’s track record, its potential for further development, as well as the dedication, experience and knowledge of the employees, which is another indicator of the quality of technical education and expertise in the mining industry in Macedonia, said the Chairman of the Board of Central Asia Metals. Nick Clarke emphasizes that the company, as the new owner, will continue to invest in the development of the mine through the application of modern and appropriate technology and endeavours to operate to the best international mining practices and standards with particular attention to the health and safety of the employees, as well as to the protection of the environment. Additionally, Clarke notes that the mine has operated for 495 days with no major safety incidents.

Central Asia Metals’ management is clear that the SASA mine will continue to provide job stability for around 700 employees at the operation and will continue implementing many socially responsible projects that are important for the prosperity of the local community.

As a team of mining professionals, we are determined to develop SASA for the long term, thus contribute to the development of the Macedonian economy by representing the concept of socially responsible mining. Many international financial institutions have supported our decision to purchase SASA and our results will be monitored closely and with great interest. I hope that our success will encourage other foreign investors to follow our example and invest in Macedonia in the future, Clarke emphasized.

Central Asia Metals is a mining company listed on the London Stock Exchange. In November 2017, the company bought the SASA Lead and Zinc Mine in Makedonska and also owns the Kounrad copper operation in Kazakhstan.

Category: Member News