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Tembang mine ups output in June quarter

5th July 2016

By: Mariaan Webb

Creamer Media Senior Deputy Editor Online

  

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JOHANNESBURG (miningweekly.com) – The Tembang gold mine, in Indonesia, delivered higher gold production in the June quarter, owner Sumatra Copper & Gold reported on Tuesday.

Gold production increased to 6 387 oz, from 5 406 in the December quarter, while silver production decreased to 91 012 oz, from 121 569 oz in the previous quarter.

Total gold-equivalent production increased to 7 602 oz, from the prior-quarter output of 6 916 oz, with increased contribution from the Belinau underground mine.

Sumatra Copper & Gold stated that the June gold-equivalent production was equivalent to an annualised rate of 35 000 oz of gold equivalent.

At full production, Tembang is expected to produce about 33 000 oz/y of gold and 345 000 oz/y of silver at a cash operating cost of $470/oz. The mine delivered its first gold in September last year.

Edited by Creamer Media Reporter

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