Gold production drops for Beadell in June quarter
PERTH (miningweekly.com) – Gold junior Beadell Resources has reported a drop in gold production during the June quarter, compared with the previous quarter, as rainfall affected the company’s Tucano operations, in Brazil.
During the three months to June, gold production declined to 28 211 oz, compared with 32 507 oz in the March quarter.
Beadell noted that the carbon-in-leach plant throughput capacity reached a rate of 3.85-million tonnes a year during the quarter, with 958 775 t of ore processed.
Wet conditions also affected mill throughput, which impacted on the run-of-mine feed rate into the crusher.
Gold sales for the quarter under review declined to 30 483 oz, from 38 757 oz sold in the previous quarter, with the sales achieving an average price of $1 295/oz.
Meanwhile, iron-ore stockpiles also continued to be produced from both the iron concentrate plant and the iron-ore mined directly from openpits.
Beadell expected first sales to start when a new port facility at Santana was commissioned in the second half of 2014.
Looking ahead, Beadell expected second-half gold production to reach between 120 000 oz and 140 000 oz, with mining set to resume at the Duckhead deposit, where operations were suspended in March while Beadell and the local government agreed to a new mine plan.
Gold ore for the third-quarter mill feed would predominantly be sourced from the Duckhead and TAP pits, and subsequently from Urucum. These sources would be supplemented by stockpiles as the plant throughput for the second half of the year would be raised to 4.5-million tonnes a year.
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