Trade Resources Economy Sandfire Resources Has Shipped The First Load of Copper Concentrate

Sandfire Resources Has Shipped The First Load of Copper Concentrate

Sandfire Resources has shipped the first load of copper concentrate from its 100%-owned DeGrussa Copper and Gold Mine in Western Australia.

The maiden shipment comprised 4,958 dry tonnes of copper concentrate grading approximately 22% copper and was produced as part of the commissioning process for the 1.5 million tonne per annum DeGrussa Concentrator. This is part of a ramp up in production at DeGrussa.

This lower grade commissioning concentrate is being produced and sold on a spot basis ahead of Sandfire’s main copper concentrate sales contracts which commence in January 2013.

Shipments of high-grade Direct Shipping Ore chalcocite from the open pit continue, with 10 shipments completed to date totalling 98,489 tonnes grading 28% Cu containing 27,555 tonnes of copper metal.

Mining of Stage I of the open pit is now complete and all DSO chalcolcite has been mined, with crushing and sales to continue into early 2013. Mining of Stage II will continue into mid-2013 extracting further sulphide and oxide copper material. It has signed a further three sales contracts for DeGrussa’s copper concentrate production.

Source: http://www.steelguru.com/metals_news/Sandfire_Resources_ships_first_copper_from_DeGrussa/294652.html
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Sandfire Resources Ships First Copper From Degrussa
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