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May.02.2024 1USD=7.1063RMB
  SteelHome >>Nonferrous Metals>>Market Info>>International Dynamics
 
Aeris Resources Announces 2019 Q4 Copper Production Report

https://en.steelhome.com [SteelHome] 2020-02-20 11:15:14

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TRITTON COPPER OPERATIONS:

l  New freshwater pipeline commissioned late January and delivering water to Tritton

l  December quarter copper production of 5,451 tonnes @ C1 cash cost of A$3.61/lb

Ø  copper production impacted by lower ore grades and lower processing rates in December due to water quality

Ø  C1 cash costs impacted by lower production

Ø  ~40kt ore stockpile provides capacity to catch-up some of the lost production

l  Copper production guidance updated to between 23,500 tonnes and 24,500 tonnes (previously 24,500 tonnes) at a C1 cash cost of between A$2.80/lb and A$2.95/lb

Tritton Copper Operations (NSW):

Table 1: Production Summary

 

unit

Mar 2019 QTR

Jun 2019 QTR

Sep 2019 QTR

Dec 2019 QTR

production

ore mined

tonnes

429,502

421,104

427,313

427,875

grade

cu (%)

1.57%

1.80%

1.67%

1.47%

ore milled

tonnes

409,543

430,935

438,483

393,265

grade milled

cu (%)

1.61%

1.80%

1.66%

1.47%

recovery

cu (%)

94.47%

94.83%

93.96%

93.76%

copper concentrate produced

tonnes

28,259

32,002

32,398

24,322

copper concentrate grade

tonnes

21.98%

22.97%

21.05%

22.36%

contained copper in concentrate

tonnes

6,212

7,352

6,821

5,438

copper cement produced

tonnes

11

9

14

13

total copper produced

tonnes

6,223

7,362

6,835

5,451

Production:

Copper  production  of  5,451  tonnes  for  the  December  quarter  was  lower compared to the previous quarter (6,835 tonnes) due to lower copper ore grades and reduced processing rates in December due to water quality issues. Ore mined, at 427,875 tonnes, was in-line with the previous quarter (427,313 tonnes).

Source: Aeris Resources


(To contact the reporter on this story: jemma.shang@steelhome.cn or 86-555-2238875 )
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