Introduction to Central Asia Metals

Nick Clarke, Chairman, Central Asia Metals

At The Miners' Dilemma: Buy, Build or Buyback?
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Speaker’s Biography

Nick has over 40 years of mining experience, including 16 years spent within senior management positions in production and technical services in South Africa, Ghana and Saudi Arabia. Nick served as the Managing Director of Oriel Resources until its acquisition by OAO Mechel for $1.5 billion in 2008. In addition, Nick was Managing Director at Wardell Armstrong International, where he managed numerous multidisciplinary consulting projects in the resource sector. He is a graduate of Camborne School of Mines and a Chartered Engineer. Nick is also a Non-Executive Director of Wolf Minerals. In 2013, Nick was named CEO of the year at the Mining Journal outstanding achievements awards. He joined CAML in 2009 as Chief Executive Officer prior to the Company's IPO on AIM in 2010, and assumed the role of Chairman in June 2016.

Need to know

Central Asia Metals (CAML) is a copper producer with SX-EW operations at Kounrad, Kazakhstan, and is a zinc and lead producer at the Sasa mine in Macedonia. The Company listed on the AIM market of the London Stock Exchange in 2010 and began producing copper in 2012. Kounrad has since produced over 71,000 tonnes of cathode. In November 2017, the Company announced its acquisition of the Sasa zinc-lead mine. This transaction provided operational, commodity and geographical diversification, while increasing CAML's low cost base metals production by 150% in copper equivalent terms. CAML recently won the Mid-Cap Deal of the Year Award at the Mines and Money Awards Dinner. The Company has to date returned $129m to shareholders in dividends and share buy-backs.