RE: Today's news30 Nov 2018 21:00
More facts... from RNS this time.. decrease in production...
Q3 Production Overview:
Solid quarter for the Pickstone-Peerless Gold Mine (“Pickstone-Peerless”) in Zimbabwe:
3% increase in tonnes of ore mined to 104,156 tonnes (Q2 2018: 100,855 tonnes*)
4% increase in tonnes of ore milled to 102,416 tonnes (Q2 2018: 98,899 tonnes)
8% decrease in gold production to 6,397 ounces (Q2 2018: 6,955 ounces**)
8% decrease in gold sold to 6,519 ounces (Q2 2018: 7,087 ounces**)
7% decrease in milled gold grade to 2.32g/t (Q2 2018: 2.48g/t)
Performance and production at Manaila Polymetallic Mine (“Manaila”) in Romania impacted due to a continued focus on pre-stripping:
8% decrease in tonnes of ore mined to 23,955 dry tonnes (Q2 2018: 26,022 dry tonnes)
15% decrease in tonnes of ore milled to 23,448 dry tonnes (Q2 2018: 27,497 dry tonnes)
42% increase in the stripping ratio of waste versus ore to 17 x (Q2 2018: 11.9 x)
32% decrease in copper concentrate produced to 615 dry tonnes (Q2 2018: 911 dry tonnes)
12% decrease in copper concentrate grade to 15.8% (Q2 2018: 17.9%)
68% decrease in zinc concentrate produced to 48 dry tonnes (Q2 2018: 151 dry tonnes)
0.3% increase in zinc concentrate grade to 35.1% (Q2 2018: 34.8%)