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Copper|Financial|Gold|Mining|Operations
Copper|Financial|Gold|Mining|Operations
copper|financial|gold|mining|operations

Mining resumes at Ernest Henry

18th April 2023

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

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PERTH (miningweekly.com) – Mining activities have resumed at the Ernest Henry gold mine, Queensland, after owner Evolution Mining was forced to halt production in April following heavy rains.

The company told shareholders on Tuesday that operations had now safely resumed and would continue to ramp up to reach normal production levels by the end of the June quarter.

Evolution previously warned that the temporary halt to production at the Ernest Henry operation would result in lower copper and gold production of 17 000 oz and 10 000 t, respectively, during the 2023 financial year, while gold and copper production in the March quarter would be reduced by 6 400 oz and 4 100 t respectively.

Group production for the 2023 financial year is now targeted for 660 000 oz, down from the 720 000 oz previously guided, with all-in sustaining costs increasing from A$1 240/oz to A$1 390/oz. Copper production for the year is targeted at 48 000 t.

Edited by Creamer Media Reporter

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