Tiger ups production as SX-EW plant hits nameplate
PERTH (miningweekly.com) – Copper cathode producer Tiger Resources has reported a significant surge in production after its solvent extraction electrowinning (SX-EW) plant, at its Kipoi project in the Democratic Republic of Congo, reached nameplate capacity.
First copper cathode was produced in May this year, and the SX-EW plant reached its nameplate production rate of 25 000 t/y by September.
During the three months to September, copper cathode production reached 5 620 t, compared with the 1 499 t produced in the previous quarter.
The miner was currently in the process of completing an updated study to increase the SX-EW capacity to some 50 000 t/y of copper cathode, and told shareholders on Tuesday that it would only pursue this option once long-term financing was in place.
However, it pointed out that the expansion to 500 000 t/y was one of the lowest capital intensity expansion opportunities in the current copper industry, and would essentially replicate the current installed SX-EW infrastructure at Kipoi, carrying an execution risk significantly lower than competing projects in the copper sector.
Some 3 801 t of copper-in-concentrate was also produced during the quarter from the heavy media separation plant.
With the successful ramp-up of the SX-EW plant, Tiger has taken the decision to close its heavy media separation plant, and as a result, full-year copper-in-concentrate production was expected to reach only 16 222 t.
Meanwhile, copper cathode sales for the quarter reached 5 225 t, up from the 212 t sold in the June quarter, to generate a gross revenue of A$35.6-million.
Comments
Research Reports
Projects
Latest Multimedia
Showroom
We supply customers with practical affordable solutions for their testing needs. Our products include benchtop, portable, in-line process control...
VISIT SHOWROOM
For over 30 years, Werner South Africa Pumps & Equipment (PTY) LTD has been designing, manufacturing, supplying and maintaining specialist...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
