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Sydney - Wednesday - April 29: (RWE Aust Business News) - Straits
Resources (ASX:SRL) derived sales revenue of $203.16 million for the
March quarter, excluding Varomet.
This compares with revenue of $306.36m, excluding Varomet in the
prior quarter.
Sebuku produced and sold 531,000 and 403,000t coal respectively
in the March 2009 quarter.
As expected Sebuku mine production was lower on a year-on-year
basis, due to the mining constraints associated with the forestry
boundary.
Jembayan increased its production on a year-on-year basis.
Total production from the mine for the March quarter was 1.25mt
with 1.25mt of coal sold.
March quarter production from the Tritton mine totalled 5,835
tonnes of copper in concentrate, an 11pc decrease on the previous
quarter.
The Tritton mine is expected to deliver production of around
2,100t to 2,200t of copper in concentrate per month.
Production from the Whim Creek copper mine totalled 2,389 tonnes
of copper cathode produced.
Hillgrove produced 344t of antimony in the March quarter against
148t in the previous quarter.
Whilst the process plant has successfully demonstrated the
ability to produce high quality antimony metal, the commissioning process
has highlighted a number of areas in the process plant that require
reconfiguration and modification in order to enable commercial production
levels to be achieved.
The Mt Muro operation produced 10,180 ounces of gold and 54,185
ounces of silver.
The plant encountered a number of metallurgical issues during
March which resulted in decreased gold recovery.
The feed rate to the plant was reduced to minimise the impact of
these losses.
The metallurgical issues had been resolved by the end of the
quarter with recoveries back at design.