https://www.miningweekly.com

Glencore takes up Thalanga copper

13th June 2017

By: Esmarie Iannucci

Creamer Media Senior Deputy Editor: Australasia

     

Font size: - +

PERTH (miningweekly.com) – Junior Red River Resources has signed an offtake agreement with mining major Glencore over its Thalanga zinc project, being developed in Queensland.

Glencore is expected to take delivery of the copper concentrate at the Thalanga mine gate, with the offtake agreement running for a period of three years from the start of commercial production at Thalanga.

The project is expected to produce a yearly average of 21 400 t of zinc, 3 600 t of copper, 5 000 t of lead, 2 000 oz of gold and 370 000 oz of silver in concentrate over five years.

“We are extremely pleased to have entered into a copper concentrate offtake agreement with Glencore. This is a key milestone for Red River. Being able to deliver concentrate at the mine gate to Glencore is very advantageous to both companies,” said Red River MD Mel Palancian.

“This represents the culmination of a highly competitive copper concentrate offtake process that commenced at the end of 2016.”

Edited by Creamer Media Reporter

Comments

The functionality you are trying to access is only available to subscribers.

If you are already a subscriber, you can Login Here.

If you are not a subscriber, you can subscribe now, by selecting one of the below options.

For more information or assistance, please contact us at subscriptions@creamermedia.co.za.

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION