Ann: Crusher rectification and first ore shipment, page-7

Deal may drive CuDeco boost

Oct. 16, 2014, 8 p.m.
CLONCURRY miner CuDeco could increase production at its Rocklands project after partnering with mining giant Glencore.

CuDeco has entered into an agreement with Glencore for the supply of 20,000 tonnes of primary sulphide ore from Rocklands to be treated at Ernest Henry Mine‘s mineral processing plant. Three million tonnes per annum from Rocklands will be the target, but CuDeco says further output would be required if a long-term deal with Glencore be reached.

“Any future agreements for ore supply and concentrate purchase will be based on increased mining for supply, in addition to the [amount] to be processed at CuDeco’s Rocklands mineral processing facility,” the company said

The offtake agreement is aimed at testing the suitability of CuDeco’s primary ore for treatment at Ernest Henry Mine, located 50 kilometres from CuDeco’s burgeoning operations. CuDeco says it has the capacity to double output if required.

http://www.northweststar.com.au/story/2630913/deal-may-drive-cudeco-boost/?cs=191