Q: Your growth profile is looking strong, how quickly are you going to be able to build up copper production?
A: We`ve got a great profile that`s very much in train, this year we`ll produce somewhere around 40,000 t of contained copper.
We`re constructing our third mine at the moment at Kinsevere and that will come on-stream towards the end of March next year and that will be at a production level of somewhere around 23.000-25,000 t.
When that comes on stream, next year we`ll be producing in total approximately 50,000-53,000 t of contained copper and the following year, when we get the full production of Kinsevere, we`ll be looking at somewhere around 60,000 t.
We expect to complete a feasibility study on an SXEW plant for Kinsevere by March next year and that will be a 60,000 t plant and constgruction time for that, if we commit in the second quarter of next year, will be about two years, so by mid-2009 production out of Kinsevere will be around 60,000 t and then we`ll be well on our way to 100,000 all-up by 2010
http://www.mining-journal.com/Breaking_News.aspx?breaking_news_article_id=1191
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Mkt cap ! $1.094M |
Open | High | Low | Value | Volume |
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2 | 46324 | 0.023 |
4 | 154804 | 0.022 |
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Price($) | Vol. | No. |
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