Nevada Copper readies to resume production in third quarter
TSX-listed Nevada Copper continues preparing for the restart of processing operations at its Pumpkin Hollow underground mine, in the US, which is planned for the third quarter, subject to revision based on impacts of the Covid-19 pandemic and other factors.
The miner also said on Tuesday that it had identified further new zones of copper mineralisation in further expanded land holding.
Operations were suspended owing to the impact of Covid-19, but despite this, considerable progress was still made with the company’s accelerated mine plan.
The accelerated mine plan includes the completion of main shaft deepening to the final depth of 2 131 ft. The shaft changeover to production configuration has started and is tracking on schedule, as is the installation of a permanent ore handling system at the main shaft headframe.
Nevada Copper also reported further increases in rates of lateral development and expedited excavation of key underground infrastructure in preparation to shift focus to development of stope inventory, and a further increase of ore stockpile ahead of the process plant restart, sitting at over 114 000 t as of May 31.
Further, phased remobilisation of plant personnel has started, and preparations are ongoing for the restart of processing operations, which are targeted for August.
The miner also entered into a long-term mining contract with Redpath USA Corporation, which has been working at Pumpkin Hollow since January 2020 under the previously announced interim services agreement.
The signing of the long-term mining contract between Nevada Copper and Redpath further cements their long-term operating relationship, according to the statement.
Comments
Research Reports
Projects
Latest News
Showroom
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Press Office
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
