Sumatra restarts production at Tembang’s Berenai openpit, lowers guidance
PERTH (miningweekly.com) – Indonesia-focused Sumatra Copper & Gold has restarted ore production from its Berenai openpit operation, at its Tembang gold/silver mine, but has warned of lower production during the June quarter.
The company in February warned that ore production at Berenai would be delayed after the original feasibility study on the openpit operation was found to be inaccurate, and included portions of backfilled and rilled material.
The waste material, which comprised mainly thick mud, proved difficult to remove, Sumatra said, particularly during the wet season.
Some 12 000 gold equivalent ounces will be mined below the current openpit floor during Stage 2 of the operation, with a further 5 600 gold equivalent ounces to be mined in Stage 3.
Sumatra told shareholders that as a result of the delay in ore production at Berenai, the June quarter production was expected to be significantly lower than planned, with the full-year guidance also being reduced by 5 000 oz, to between 40 000 oz and 50 000 oz.
Meanwhile, the Belinau underground mine has been transitioning from interim bench cut and fill ore drives to shrinkage stoping, with underground ore production scheduled to be low during this period.
Sumatra pointed out that the combined impact of limited underground and openpit production had placed significant pressure on working capital during April and May, which resulted in supply delays for key underground equipment and infrastructure.
However, the required equipment has now been ordered, and stoping is planned to start in the near future.
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
ZF Aftermarket is the after-sales division of the world-renowned German ZF group, a global leader in mobility technology.
VISIT SHOWROOM
Complete range of security sealing solutions including security seals bags and labels.
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
