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    copper-investing

    Weatherly December Production Falls

    Investing News Network
    Jan. 15, 2013 11:11AM PST
    Base Metals Investing

    Mining Weekly reported that Weatherly International’s copper production in December fell, blaming poor mechanical availability.

    Mining Weekly reported that Weatherly International’s copper production in December fell, blaming poor mechanical availability.

    As quoted in the market report:

    Quarterly production from Weatherly’s central operations, in Namibia, was 5 780 t of copper concentrate containing 1 328 t of copper. The miner indicated that production was adversely affected by poor mechanical availability and the shorter working month in December. Mined grades and metal recovery remained strong with cash costs largely unchanged from the previous quarter at $5 829/t.

    To view the whole Mining Weekly report, click here. 

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