HIGH-GRADE NI-CU-PT-PD-ZN-CR-AU-V-TI DISCOVERIES IN THE "RING OF FIRE"
NI 43-101 Update (September 2012): 11.1 Mt @ 1.68% Ni, 0.87% Cu, 0.89 gpt Pt and 3.09 gpt Pd and 0.18 gpt Au (Proven & Probable Reserves) / 8.9 Mt @ 1.10% Ni, 1.14% Cu, 1.16 gpt Pt and 3.49 gpt Pd and 0.30 gpt Au (Inferred Resource)
Message: With all the mine closures here is an new one producing
Well here is a copper mine starting up production,
LONDON (Dow Jones)--The first copper cathode has been produced at the Tenke Fungurume copper-cobalt mine in Congo, Lundin Mining Corp. (LUN.T), one of its shareholders, said Tuesday. Ramp up of copper production will continue over the next several months in parallel to completion of the cobalt circuit and acid plant. Full production is initially slated at 115,000 metric tons of copper and 8,000 tons of cobalt, and is expected during the second half of the year. Lundin has a 24.75% stake in Tenke, while Freeport-McMoRan Copper and Gold Inc. (FCX) has a 57.75% stake and Congo's state-owned miner, Gecamines, holds the remainder. -By Andrea Hotter, Dow Jones Newswires; +44 (0)20 7842 9413; andrea.hotter@ dowjones.com Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http:// www.djnewsplus.com/nae/al?rnd=l7owLF... You can use this link on the day this article is published and the following day. (END) Dow Jones Newswires 03-31-09 0939ET Copyright (c) 2009 Dow Jones & Company, Inc.
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