GREY:NEVDQ - Post by User
Comment by
nofluffon Nov 14, 2023 12:47pm
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Post# 35734722
RE:RE:New Press Release - Nevada Copper Continues Ramp Up of Process Operations; First Concentrate Deliveries in October; Anna Ladd-Kruger Appointed to Board
RE:RE:New Press Release - Nevada Copper Continues Ramp Up of Process Operations; First Concentrate Deliveries in October; Anna Ladd-Kruger Appointed to Board1rst quantum is has started reducing output on cobra panama mine and will likely have its licence revoked. That is 200 thousand tpy of copper off market.
Being over investment budget on ncu, it is tuff waiting. I believe head grade run about .025%. So 87% recoveries was par. One sentence said grade wouod b higher in nov. So they can mix in the low copper concentrate from oct to bring up to par.
The preliminary exporation results look promising. It will be interesting to see the rest to know if the high grade deposits will be open pit or ug.
nf