https://www.engineeringnews.co.za

Rambler Metals and Mining delivers record Q4 output

29th August 2013

By: Creamer Media Reporter

  

Font size: - +

JOHANNESBURG (miningweekly.com) – Dual-listed copper producer Rambler Metals and Mining produced a record 5 244 t of copper concentrate, 1 297 oz of gold and 9 873 oz of silver in the fourth quarter of its 2013 financial year.

Copper concentrate production for the three months ended July was 15% higher than the 4 575 t produced in the prior quarter, while gold and silver output were up 31% each quarter-on-quarter.

This brought total output for the company’s first nine months of commercial production to 13 802 t of copper concentrate, 3 137 oz of gold and 23 958 oz of silver.

Rambler produced 1 574 t of copper in the quarter ended July, bringing total copper output for the nine months to 3 953 t.

“We are very pleased to see record tonnage and metal produced, while head grades and recoveries moved above planned targets. The continuing improvements at the Ming copper/gold mine reflect our focused approach to growing our operations and delivering growth.

“The fourth-quarter results leave us well-placed for meeting our formal fiscal 2014 guidance and we will continue to focus on operational performance to ensure these levels can be maintained,” commented president and CEO George Ogilvie.

Rambler expects to produce between 5 700 t and 6 840 t of copper, between 4 500 oz and 5 500 oz of gold and between 32 000 oz and 39 000 oz of silver in the 2014 financial year.

Edited by Chanel de Bruyn
Creamer Media Online Managing Editor

Article Enquiry

Email Article

Save Article

Feedback

To advertise email advertising@creamermedia.co.za or click here

Showroom

Axiom Hydraulics
Axiom Hydraulics

Axiom Hydraulics is a trusted leader in South Africa’s hydraulic industry, delivering world-class components, systems, and engineering expertise...

VISIT SHOWROOM 
MBE Minerals SA (Pty) Ltd
MBE Minerals SA (Pty) Ltd

Your global lifecycle technology & service partner for materials & minerals processing equipment for coal, iron ore, copper, manganese & other...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

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?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







301

sq:0.049 1.386s - 140pq - 2rq
Subscribe Now