Central Asia Metals raises £113m to buy new mine in Macedonia

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Central Asia Metals raises £113m to buy new mine in Macedonia

Central Asia Metals PA 230x 150
NORILSK, RUSSIA - FEBRUARY 22, 2017: Ore in the crushing department at the Talnakh Enrichment Plant, a subsidiary of the Polar Division of MMC Norilsk Nickel. Kirill Kukhmar/TASS | Kirill Kukhmar/Tass/PA Images

Central Asia Metals, the Aim-listed owner of a copper mine in Kazakhstan, priced a £137.4m ($153.5m) capital increase and secondary share sale on Friday, to partly finance its acquisition of Lynx Resources for $402.5m.

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