Construction of key mining and processing equipment is now almost complete, with staff and equipment set to be mobilised to site next month ahead of the proposed restart of operations in the second quarter.
As part of its 2010 Mine Plan, Matilda has introduced a number of enhanced mining and processing methods which will double plant capacity and reduce operating costs. This includes the introduction of an in-pit mobile slurry unit, and a pre-concentrator facility.
MZI Price at posting:
1.8¢ Sentiment: ST Buy Disclosure: Held