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Sandfire Resources Has Shipped The First Load of Copper Concentrate

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Core Tip: Sandfire Resources has shipped the first load of copper concentrate from its 100%-owned DeGrussa Copper and Gold Mine in Western Austra

Sandfire Resources has shipped the first load of copper concentrate from its 100%-owned DeGrussa Copper and Gold Mine in Western Australia.

The maiden shipment comprised 4,958 dry tonnes of copper concentrate grading approximately 22% copper and was produced as part of the commissioning process for the 1.5 million tonne per annum DeGrussa Concentrator. This is part of a ramp up in production at DeGrussa.

This lower grade commissioning concentrate is being produced and sold on a spot basis ahead of Sandfire’s main copper concentrate sales contracts which commence in January 2013.

Shipments of high-grade Direct Shipping Ore chalcocite from the open pit continue, with 10 shipments completed to date totalling 98,489 tonnes grading 28% Cu containing 27,555 tonnes of copper metal.

Mining of Stage I of the open pit is now complete and all DSO chalcolcite has been mined, with crushing and sales to continue into early 2013. Mining of Stage II will continue into mid-2013 extracting further sulphide and oxide copper material. It has signed a further three sales contracts for DeGrussa’s copper concentrate production.

 
 
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