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Rambler keeps up a steady pace

Tue, 04th Sep 2012 09:54

Rambler Metals, the copper and gold producer based in Canada, said it was making steady progress at its Newfoundland and Labrador sites.In a project update the firm said it had seen increases in head grade, copper recovery and throughput month over month.Actual mined grades were in line with estimates, it said.The average milling throughput has been steadily increasing from 678 metric tonnes per day (mtpd) in June to an average of 706 mtpd in July and August. It said run of mine head grade had also increased from 2.40% copper equivalent to 2.76% and 3.83% for the same period.Copper recovery has been consistent, averaging 91% for the month of August, producing a clean concentrate grading between 22% and 32% copperTo date, they firm has around 4,500 wet metric tonnes of copper concentrate are in storage awaiting shipment."The mill is working as designed with a quality concentrate product produced consistently," said Chief Executive George Ogilvie."Development at the mine is returning encouraging stoping grades and as we set up additional stoping levels our run of mine head grade to the mill should continue to improve."
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IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA

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Rambler Metals & Financing says financial position "uncertain"

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20 Feb 2023 13:34

Rambler defaults on gold repurchase agreement with Sandstorm

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17 Feb 2023 13:06

Rambler Metals pauses mine operations as it discusses finances

(Sharecast News) - Copper and gold explorer, developer and producer Rambler Metals updated the market on its progress on financing and the status of its operations on Friday.

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17 Feb 2023 10:59

IN BRIEF: Rambler Metals pauses operations amid finance uncertainty

Rambler Metals & Mining PLC - Richmond, England-based, Canada-focused mining and development company - Pauses operations pending the delivery of "key supplies" to its Ming copper-gold mine. The mine is a fully operational base and precious metals processing facility on the Baie Verte peninsula in Canada. Says all operations will stop on Friday. Plans to recommence operations on or before Friday next week. Says the mine will be "fully maintained" through this period. Notes that the decision was made as its continues with discussions around its financial restructuring.

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Rambler Metals' financial position precarious on gold sale default

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Rambler takes forward sale position on copper tonnage

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