Monty de­vel­op­ment pro­gress­ing on sched­ule

The Australian Mining Review - - NEWS -

SANDFIRE Re­sources has re­ported strong mine pro­duc­tion and milling rates for the De­cem­ber quar­ter, main­tain­ing FY18 guid­ance at be­tween 63,000 tonnes and 66,000t cop­per and be­tween 35,000 ounces and 38,000oz of gold.

Bulk earth­works and civils were sub­stan­tially com­pleted at the new Monty de­vel­op­ment with sur­face in­fra­struc­ture pro­gress­ing on sched­ule and the Monty de­cline ad­vanced to 346m at quar­ter-end – well ahead of the bud­get of 286m.

First ore from Monty is on track to be de­liv­ered in Q2 FY19.

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