https://www.miningweekly.com

DeGrussa increases production in December quarter

DeGrussa increases production in December quarter

Photo by Bloombeg

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

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 
VEGA Controls SA (Pty) Ltd
VEGA Controls SA (Pty) Ltd

For over 60 years, VEGA has provided industry-leading products for the measurement of level, density, weight and pressure. As the inventor of the...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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







sq:0.054 1.039s - 111pq - 2rq
Subscribe Now