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Sandfire maintains strong production in Dec quarter

30th January 2018

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

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JOHANNESBURG (miningweekly.com) - ASX-listed Sandfire Resources maintained strong mine production and milling rates for the three months to December 31, with copper production reaching 16 263 t, up from 15 528 t in the previous quarter.

C1 cash operating costs for the quarter were $1.02/lb, which increased slightly from the September quarter's $0.95/lb.

Mine production for the quarter was 407 151 t grading 4.3% copper. During the quarter, production was sourced from all lenses at DeGrussa, in Western Australia.

The miner maintained its full-year production guidance at 63 000 t to 66 000 t of copper and 35 000 oz to 38 000 oz gold at C1 $1/lb to $1.05/lb.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

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