it is interesting to read the 2007 full year report summary. 2007 was also a statutory shutdown year.
2007 production: 27,585
2010: 28,378
2008 guidance: 34,000-38,000 (actual: 30,514)
2011 guidance: 33,000-37,000
2008 guidance was said to include 2,000 tonnes from heap leach.
2011 guidance is said to be an increase in production due to de-bottlenecking (6th autoclave etc).
given these 'de-bottlenecking' measures, the only reason I can come up with for the 2011 guidance to be lower than the 2008 guidance is that the 2,000 tonnes from heap leach doesn't exist (born out by 2008 actual, and also how similar 2007 actual is with 2010 actual).
what has happened to heap leach? where is the 2,000 tonnes? is it a complete failure? MRE have been very quiet on this.
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