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Mawson West sells Dikulushi Cu concs to KCM
July 20, 2010 - 07:21 GMT
Mawson West has sold 700 tonnes of copper concentrates from its Dikulushi mine in the Democratic Republic of Congo (DRC), the first sale since the mine was shuttered in 2008.
The concentrate was sold through trading house LN Metals to
Konkola Copper Mines (KCM) in Zambia this week, Mawson ceo
David Frances told MB, confirming that the rest of the
Dikulushi concentrate will go to KCM. The Dikulushi
operation will produce around 18,000 tonnes of copper
concentrate over the next 15 months. It was put on care and
maintenance by Anvil Mining in 2008 after copper prices
plunged. Mawson, an Australia-based copper producer, bought the
mine in April. It is using a low-grade stockpile to feed
the $2 million refurbished mill which contains around 900,000
oz of silver by-credits. Mawson is ramping up...
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Euromoney Institutional Investor PLC.
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