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Hudbay’s Reed project starts production

3rd October 2013

By: Henry Lazenby

Creamer Media Deputy Editor: North America

  

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TORONTO (miningweekly.com) – Hudbay Minerals, the 70% owner and operator of the Reed copper project, near Flin Flon, Manitoba, this week started preliminary production at the project, after it received the Environment Act Licence from local authorities.

The licence allows Hudbay to operate the 1 300 t/d underground copper mine, and its supporting infrastructure.

In September, Hudbay extracted a bulk sample of about 7 000 t of ore under the advanced exploration project permit and milled a metallurgical batch test of 4 500 t at its Flin Flon concentrator. The 7 000 t of ore, taken from the upper Zone 30, was mainly mined on the 65 m level, and only one round (about 300 t to 400 t) was taken on the 45 m level.

Full production was expected to start during the first half of 2014, and the project remained within the estimated $72-million budget.

Hudbay’s 30% joint venture partner VMS Ventures on Monday said the licence confirmed the care and diligence taken by Hudbay in moving the project forward within mandated environmental guidelines, while the bulk sample was the first step towards full production.

Edited by Creamer Media Reporter

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