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Weatherly updates Tschudi copper ore reserves to 24.4Mt

By: Natalie Greve     15th December 2015 London-listed Weatherly International has announced updated ore reserves of 24.4-million tons at 0.85% copper for 214 000 t of contained copper metal after mining depletion of 8 000 t at its Tschudi mine, in northern Namibia. This represented an increase over the revious reserve estimate of 215... 

Low copper price sees Weatherly defer loan repayment

By: Megan van Wyngaardt     25th November 2015 Aim-listed Weatherly International’s share price on the LSE dropped by more than 21% on Wednesday as the company reported that it was unable to service its debt facility with Orion Mine Finance. The current copper price of $4 515/t – a six-year low – meant that the Tschudi mine, in northern... 

Weatherly exceeds Q1 guidance to produce 3 554 t of copper

By: Natalie Greve     13th October 2015 Copper producer Weatherly International has exceeded its guidance for the September quarter by 3%, delivering 3 554 t of copper cathode. This represented around 84% of nameplate production at the company’s Tschudi mine, in Namibia, which achieved commercial production status from October 1. 

Weatherly lifts Tschudi output guidance; to suspend Otjihase, Matchless production

By: Megan van Wyngaardt     14th September 2015 Aim-listed copper miner Weatherly International has lifted the output guidance for its Tschudi mine, in Namibia, for the current quarter by 15% to about 1 150 t/m of copper. “We maintain our focus on Tschudi and the ramp-up has progressed well ahead of schedule. Weatherly will be operating a new... 

Cash-hungry Weatherly posts flat Q3 output

By: Natalie Greve     8th May 2015 Copper producer Weatherly International produced 1 822 t of copper in the quarter ended March 31, with the Tschudi copper mine, in Namibia, contributing 692 t for the three months after production started in February. Despite a difficult first two months of the year, the group’s nearby Central... 

Weatherly share suspension stands amid ‘uncertain’ financial position

By: Natalie Greve     18th March 2015 Following underwhelming copper recovery at its Tschudi mine, in Namibia, and production shortcomings at its nearby Central Operations, copper producer Weatherly says the trading of its Aim-listed shares remains suspended amid an “uncertain” financial position and the outcome of ongoing talks with... 

Weatherly International on a growth path!

     1st November 2013 Weatherly’s new Tschudi project taking the miner to new heights. The UK based, AIM listed, Namibian focused copper company is unique, they produce, develop and explore for copper. Since reopening two of its underground copper mines in early 2011, Otjihase and Matchless, Weatherly has been ramping... 

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