Independence smashes through production expectations
PERTH (miningweekly.com) – Multi commodity miner Independence Group on Tuesday reported that its Long and Jaguar operations, in Western Australia, have beaten production expectations for the full 2014 financial year.
Nickel production from the Long mine exceeded full-year expectations by about 8.4%, with the mine delivering 10 835 t of metal during the 12-months ended June, and 2 511 t during the quarter ended June.
At the Jaguar mine, copper production exceeded full-year expectations by 28.2%, with the mine producing 7 692 t of copper-in-concentrate in the full year, and 2 355 t during the quarter to June, while zinc production was 1.6% above expectations at 41 163 t during the full year and 12 611 t during the quarter.
Independence also has a stake in the recently started Tropicana gold joint venture, also in Western Australia, which produced 132 845 oz during the quarter ended June, up 10% on the previous quarter.
“This is an excellent result by our operation teams at Jaguar and Long, and by the AngloGold Ashanti operational team at Tropicana,” said Independence MD Peter Bradford.
First gold at Tropicana was achieved in September last year, and the project was ramped-up to nameplate capacity in March this year. For the first three years of operation, production was expected to average between 470 000 oz and 490 000 oz.
Comments
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation