Karara ups output in Sept quarter
PERTH (miningweekly.com) – Remedial activities at the embattled Karara iron-ore project have resulted in a 35.5% increase in production during the quarter ended September, ASX-listed Gindalbie Metals reported on Friday.
The Karara operation, in Western Australia, had been struggling to reach its nameplate capacity.
However, Gindalbie told shareholders that the remedial work at the project, which included upgrading the tailings filters and the temporary wet tailings facility, and thickener optimsiation, have enhanced the capacity of the concentrator circuit.
This, combined with a series of operational improvements, including feed blending of ore and the optimisation of wear liners, have resulted in a sizable boost to production.
During the three months to September, the Karara operation delivered 1 260 t of magnetite, up from the 930 t delivered in the three months to June, with some 1 142 t of product shipped during the quarter.
Given the ongoing work to assess and improve the production capacity at Karara, Gindalbie was unable to provide a production forecast for the project.
In September this year, Gindalbie reported a A$592.3-million asset impairment for the year ended June at the Karara operation, relating to the lower-than-forecast production levels at Karara, as well as the current capacity restrictions, lower-than-forecast iron-ore prices, and the higher-than-anticipated Australian dollar exchange rate.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Established in 1933, EKATO is the world leader in agitation technology, supplying agitators for processes and applications such as chemicals and...
VISIT SHOWROOM
Developed to exceed the latest EN 15964 standards for police breathalysers proving that it will remain accurate and reliable for many years to come.
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
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
