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Rambler Metals achieves Canada mine output growth in April

ALN

Rambler Metals & Mining PLC on Monday said its output in April increased.

The Surrey, England-based copper and gold producer said that in April, the Ming Mine in Canada averaged a throughput of 1,185 dry metric tonnes per day, up 10% from 1,074 dmt per day in March.

During the month, the operation produced 1,599 dmt of concentrate, containing 413 tonnes of saleable copper and 160 ounces of saleable gold. In March, 1,494 dmt were produced, containing 386 tonnes and 207 ounces of saleable copper and gold, respectively.

Chief Executive Officer Toby Bradbury said: ‘Focus for us has been to fully utilise the capacity of the mill at Nugget Pond and our peak daily plant throughput during April was 1,408 dry metric tonnes. Our mining is now at a rate that can support the designed plant throughput, and we will now optimise the feed grade to the mill.’

Rambler shares were down 1.6% at 27.08 pence each on Monday morning in London.

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