Gull og gruve

jonic
30.04.2019 kl 21:44 5531

https://www.indmin.com/Article/3871602/Mineral-Commodities-slashes-ilmenite-production-forecast.html

Ilmenite production at Tormin in South Africa could halve in 2019, due to lower ore grades and reduced operating hours, Mineral Commodities says.
Australia-based mining company Mineral Commodities has slashed its expectations for ilmenite production in 2019, due to a planned reduction in operating hours and falling ore quality.

On Monday April 29, the company lowered its ilmenite production guidance for 2019 to just 50,000-70,000 tonnes, compared with a previous forecast in December...

https://www.mineralcommodities.com/wp-content/uploads/2019/04/2018-Annual-Report.pdf

TORMIN – SALES AND MARKETING
Sales revenue for the year was $53.5 million (2017: $60.9 million), with the decrease in revenue over the prior year
due to lower concentrate shipments, partially offset by higher zircon, rutile and ilmenite concentrate prices achieved.
Zircon/rutile concentrate shipments for the year were 17,968 tonnes (2017: 23,152 tonnes), with available sales
volumes impacted by lower mined grades. Irrespective of the tonnes sold, revenue generated in 2018 from zircon/
rutile concentrate sales was materially higher than prior year, with the Company able to achieve a year-on-year
average price increase of circa 45% for its contained zircon in concentrate and circa 65% for its contained rutile in
concentrate.

Rapportér innlegg

Vennligst skriv inn kommentar på hva du mener er upassende og trykk send. Dersom kommentar ikke er nødvendig, vennligst trykk send direkte.
E-postadressen brukes kun for å få kontakt med deg i forbindelse med advarselen.
E-postadressen brukes kun for å få kontakt med deg i forbindelse med advarselen.