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Lundin Mining Corp Recommences Production at Aguablanca; Company Repeats 2012, 2013 and 2014 Production Guidance

Tuesday, 28 Aug 2012 02:00am EDT 

Lundin Mining Corp announced that the production at the wholly owned Aguablanca nickel/copper mine in Spain has restarted ahead of the previously announced schedule. While full production ramp-up is expected to be achieved in the fourth quarter of 2012, the mill is treating a substantial stockpile of ore at good throughput rates and first concentrate shipments have started to arrive at the port warehouse. Consistent with the Company’s recently increased production guidance, Aguablanca is forecasted to produce between 1,000 tons and 1,500 tons of nickel and a similar volume of copper in 2012. Also as previously guided, the operation is expected to produce between 5,000 tons and 7,000 tons of both nickel and copper in 2013 and between 6,000 tons and 7,000 tons of both nickel and copper in 2014. 

Company Quote

-0.05 -0.94%
17 Apr 2014