I was under the impression that they will be buying/using third part ore which is of a higher grade, hence the reason for them stopping mining. I give you two extracts from the quarterly:
"At the current rate of stockpile recovery and stacking on the heap leach, it is expected that existing stockpiles of heap leach feed material will be fully depleted by October 2017, when heap leach stacking activities will be suspended until the re-commencement of mining from Kipoi Central."
"Possibility to source, procure and treat third party sources of ore on the Kipoi leach pads from October 2017 until mining recommences from Kipoi."
Ive complained about the ore grades that Tiger have been using, a few years ago it was over 4% copper in the ore grade now its like 1.2% Its a significant fall, it does make sense for them to purchase higher grade ore and run it through the mine.
Anyone else read it this way as well?
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- Ann: June 2017 Quarterly Activities Report
Ann: June 2017 Quarterly Activities Report, page-45
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