Matilda to get back on track
10th Feb 2012
PERTH, Feb 10 – After several months of delay awaiting an insurance settlement on the concentrator fire in June last year, Matilda Zircon’s Lethbridge South mineral sands mine in the Tiwi Islands, Australia will finally get back to full operation in mid-February.
Matilda says the rebuild of the concentrator has taken only four months and commissioning has now begun.
The company has also used the time to clear vegetation and topsoil from over half the orebody and commenced pre‐mining ready for the start of processing.
Mining at Lethbridge South will be completed in about six months with the last shipment of heavy metal concentrate scheduled for August. Total Lethbridge South production is estimated to be 29,000t HMC, worth over US$40M given the large increases in rutile and zircon prices.
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