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Tiger delivers on revised production promises

11th January 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – ASX-listed copper miner Tiger Resources has achieved its targeted production at the Kipoi project, in the Democratic Republic of Congo.

The miner reported on Tuesday that 23 119 t of copper cathode was produced at Kipoi during 2016, which was within the revised guidance of between 23 000 t and 23 600 t.

Tiger also reported that the debottlenecking capital works programme to expand the Kipoi plant’s nameplate production capacity to 32 500 t/y had been completed.

Meanwhile, the reinforcement of the intermediate leach solution (ILS) pond has been completed, following the seepage of process solution from the pond in October last year, resulting in Tiger downgrading its full-year production target from between 25 000 t and 26 500 t, to between 23 000 t and 23 600 t.

Tiger said that production at Kipoi would be resumed to operate at nameplate levels.

The miner has previously reported plans to construct a new ILS pond after the end of the wet season.

Edited by Creamer Media Reporter

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