April 11 (Reuters) – Canadian miner Taseko Mines
said copper production at its Gibraltar mine fell 6 percent
sequentially, as mill throughput was hit by bad weather and the
company had to process ore from harder-than-average parts of the
granite pit.
The mine, which is 75 percent owned by Taseko, produced 20.9
million pounds of copper and 438,000 pounds of molybdenum in the
first quarter.
Taseko’s share of sales was 12.7 million pounds of copper
and 354,000 pounds of molybdenum.
A five-day unplanned shutdown to repair a SAG mill motor
also contributed to a 750,000 ton reduction in mill throughput.
Copper inventory at the end of the quarter rose to about 6.8
million pounds, after issues at ports and loading terminals
pushed shipments from late March to early April.
