Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRMM.L Share News (RMM)

  • There is currently no data for RMM

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."

Related News

Rambler Metals says no choice but to turn to voluntary liquidation
21 Apr 2023

Rambler Metals says no choice but to turn to voluntary liquidation

(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale
17 Apr 2023

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary
11 Apr 2023

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

RMM.L News

Rambler Metals says no choice but to turn to voluntary liquidation
21 Apr 2023

Rambler Metals says no choice but to turn to voluntary liquidation

(Alliance News) - Rambler Metals & Mining PLC on Friday said it has "no means to continue to operate" as funds have dried up.

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale
17 Apr 2023

TRADING UPDATES: BATM reports Edgility progress, Rambler starts sale

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary
11 Apr 2023

TRADING UPDATES: S-Ventures files for insolvency of Lizza subsidiary

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:

TRADING UPDATES: Centamin targets reduction in greenhouse gases
30 Mar 2023

TRADING UPDATES: Centamin targets reduction in greenhouse gases

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA
28 Feb 2023

IN BRIEF: Rambler Metals and Mining starts proceedings under CCAA

Rambler Metals and Mining PLC - AIM-listed owner of Ming copper-gold mine in Baie Verte, Newfoundland and Labrador - Obtains initial order from the S...

TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows
27 Feb 2023

TRADING UPDATES: i-nexus to deliver growth; Craven House loss narrows

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

Rambler Metals & Financing says financial position "uncertain"
20 Feb 2023

Rambler Metals & Financing says financial position "uncertain"

(Alliance News) - Rambler Metals & Mining PLC on Monday said its financial position was uncertain as it faced the possibility of default payments in r...

Rambler defaults on gold repurchase agreement with Sandstorm
20 Feb 2023

Rambler defaults on gold repurchase agreement with Sandstorm

(Sharecast News) - Copper and gold producer Rambler Metals and Mining announced a default on its gold streaming repurchase agreement with Sandstorm Go...