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Tiger lifts 2013 Kipoi copper production target to 43,000T

Keywords: Tags  Tiger Resources, Kipoi project, Democratic Republic of the Congo, DRC, Brad Marwood, copper, Felix Njini

WINDHOEK, Namibia — Production of copper concentrates at Tiger Resources Ltd.’s Kipoi copper project in the Democratic Republic of the Congo (DRC) could hit 43,000 tonnes this year, up from an initial target of 37,000 tonnes.

Kipoi will produce between 41,000 tonnes and 43,000 tonnes of copper concentrates in 2013, Brad Marwood, managing director of the Australian Stock Exchange (ASX)-listed company, said.

Through the end of May, production at Kipoi reached 16,182 tonnes of copper concentrate, while it is estimated that half-year production will reach 19,500 tonnes.

"Kipoi is on track to exceed the 2013 production target of 37,000 tonnes of copper in concentrate," Marwood said.

The heavy media separation production target for the six months ending in December has been revised to a range of 21,500 tonnes to 23,500 tonnes.

Tiger plans to operate the heavy media separation plant until the end of 2014, after completion and ramp-up of the second-stage solvent extraction-electrowinning (SX-EW) plant.

As a result, residue totaling 6.1 million tonnes of material grading 2.4 percent copper will be available free at surface in the form of floats, slimes and ron-of-mine ore stockpiles at the start of the SX-EW operation.

This might enable Tiger to suspend mining operations for two years, as the residue will provide three years’ worth of feed for the SX-EW plant, Marwood said.

A version of this article was first published by AMM sister publication Metal Bulletin.

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