Mincor focused on ramp-up
PERTH (miningweekly.com) - Nickel miner Mincor Resources’ focus in 2023 will be on ramping up production, company chairperson Brett Lambert told delegates at the Paydirt Nickel conference, in Perth.
Mincor has two producing assets in Kambalda, the Northern Operations and Cassini, and the company is working towards ramping up production to nameplate mining rates by the end of the 2023 financial year.
“We are back into cash flow from nickel sales which was a great event which happened in the third quarter of this year. And development is still ongoing. We're still spending a fair bit of cash on that but we're ramping up towards setting a nameplate capacity which will occur sometime towards the end of this current financial year,” Lambert said.
Mincor in 2020 approved the A$68-million development of the Kambalda project, with the project forecast to produce 71 000 t of nickel and 5 000 t of copper over a five-year mine life. The flagship Cassini mine will contribute 56% of the total nickel-in-concentrate production over the initial life of the project.
First development ore at Cassini was intersected in March, and diversified miner BHP’s Nickel West division processed the first ore through its Kambalda nickel operations in May.
Lambert told delegates at the conference on Thursday that the company is now working to build the workforce at the Kambalda operations back to 240 peoiple to support the restart operations.
“It hasn’t been easy finding that many quality people in the workforce, but I am really pleased at the success we have had, and the success our contractor has had, in finding good people for our operations,” he said.
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