AVM advance metals limited

mining equipment finance ann., page-2

  1. 11,482 Posts.
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    "The replacement mining fleet consists of larger equipment which will provide INCREASED CAPACITY(my emphasis)for the recently completed Stage II expansion"
    Everything points to increased throughput of full grade ore and when BT says production will be 20,000 tpa of Cu and 1.6mil ozs of Ag - he's basing this on 250k tonnes/pa throughput - IMO this is bunkum as this was the throughput rate for Stage I - they have a grinding plant that has a capacity to treat 450kt/pa of material - they have two ball mills in place at Dikulushi that each have a throughput rate of 350kt/pa and now they have all this larger mining equipment.
    I'm expecting a minimum production rate of 26,000 tpa of Cu and 2.0mil ozs of Ag and it could be more by early next year after they catch up with the waste stripping.
    It'll be interesting to see how long it takes BT to come clean on this critical production rate.
 
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