CuDeco pauses Rocklands production
PERTH (miningweekly.com) – ASX-listed copper producer CuDeco has temporarily suspended mining and processing operations at its Rocklands project, in Queensland, to allow for critical maintenance work.
The miner on Friday said that operations would likely be suspended until September 10.
“The suspension is vital for Rocklands’ operations and the future of this important asset for Cloncurry,” said CuDeco chairperson Peter Hutchison.
“During this period, our major shareholder representatives will continue to progress a number of funding initiatives which have been in active discussion for some time now and which we are confident will provide effective solutions to immediate and longer-term funding requirements.”
Hutchison said that the time would also be used to reset the Rocklands operation and refine the business model so that, once the financing arrangements are successfully secured, the company could achieve the full potential of the Rocklands project.
“CuDeco’s board and management remain focused on ensuring a successful operation at Rocklands, delivering economic benefits for the local community and increased value for our shareholders.”
The critical maintenance work is part of the Rocklands preventative maintenance programme. The company will bring forward and extend the shutdown until the mill is relined and some other key assets are overhauled, as scheduled.
Comments
The
content
you are trying to access is only available to subscribers.
If you are already a subscriber, you can Login Here.
If you are not a subscriber, you can subscribe now, by selecting one of the below options.
For more information or assistance, please contact us at subscriptions@creamermedia.co.za.
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