Central Asia Metals Plc reported production results for the fourth quarter and the full year ended December 31, 2016 and sales results for the full year ended December 31, 2016. For the quarter, the company's Kounrad fourth quarter output of 3,010 tons of copper cathode brings total production for 2016 to 14,020 tons, a 16% increase on 2015.

For the year, the company recorded annual copper production of 14,020 tons against 12,071 tons a year ago.

Copper cathode sales for the year ending December 31, 2016 of 13,938 tons represents an increase of 16% on 2015. The copper was sold predominantly through CAML's off-take sales arrangement with Traxys.

CAML targets 2017 Kounrad copper cathode production of between 13,000 tons and 14,000 tons. The majority of 2017 copper production will be leached from the Eastern Dumps. From second quarter of 2017 onwards, CAML expects an increasing percentage of overall copper production to be leached from the Western Dumps. In the coming year, the company targets copper production of between 13,000 and 14,000 tons and the company will begin to supplement copper from the Eastern Dumps with metal from the Western Dumps following the completion of Stage 2 Expansion programme.