https://www.miningweekly.com

DeGrussa increases production in December quarter

28th January 2016

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

  

Font size: - +

PERTH (miningweekly.com) – ASX-listed Sandfire Resources has reported an increase in copper and gold production for the three months to December 31, as its DeGrussa mine, in Western Australia, achieved marginally higher grades.

Copper production increased from 16 638 t in the September quarter to 17 642 t in the quarter under review, while gold production increased from 7 885 t to 9 420 t during the same period.

Sandfire told shareholders on Thursday that copper production for the December quarter was ahead of guidance, owing to an average copper grade of 4.8%, compared with the 4.7% reported in the previous three months.

Mill throughput for the period under review reached 1.6-million tonnes a year, with a total of 403 806 t of ore milled.

Meanwhile, a total of 63 075 t of plant concentrate, containing 15 143 t of copper and 7 147 oz of gold was sold for the quarter.

Looking ahead, Sandfire was targeting a full-year copper production at the upper end of between 65 000 t and 68 000 t, while gold production would be at the lower end of between 35 000 oz and 40 000 oz.

Edited by Creamer Media Reporter

Comments

The functionality 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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION