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  • Tiger Resources On Track To Start Kipoi Copper Cathode Production In Q2 2014  0 comments
    Jan 7, 2014 5:14 PM

    Tiger Resources (ASX: TGS) Stage 2 solvent-extraction and electro-winning (SXEW) processing plant at its 60%-owned Kipoi Copper Project in the Democratic Republic of Congo continues to proceed ahead of schedule.

    Heap leach commissioning was completed on 27 December 2013 with first copper cathode production on target for the second quarter of 2014.

    The commissioning of the heap leach represents the start of the SXEW plant.

    The heap leach will continue to build copper-in-solution for feed to the solvent-extraction circuit with more than 90% recoveries forecast in 120 days.

    Tiger plans to produce 25,000 tonnes of copper cathode in the first full 12 months of production at the SXEW plant and increase production to 50,000 tonnes of copper in the following 12-month period.

    It is currently producing copper in concentrate from a heavy media separation (HMS) plant at Kipoi with 2013 full-year production expected to be 41,000 to 43,000 tonnes.

    An updated Reserve estimation at Kipoi Central, the main deposit within Kipoi Project area, is expected to be announced early this year following the company's announcement on 13 December 2013 that it had increased the Resource to 642,000 tonnes of copper.

    Proactive Investors Australia is the market leader in producing news, articles and research reports on ASX "Small and Mid-cap" stocks with distribution in Australia, UK, North America and Hong Kong / China.

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