TC

20/10/2017 17:24

L'sea Resources (00195) 3Q tin production up 6.3% QoQ

    L'sea Resources (00195) said tin production of 1,811 tonnes during the quarter from July to September 2017 of Rension Project of Bluestone Mines Tasmania Joint Venture Pty Limited represented a 6.3% increase by comparing the tin production for the previous quarter, as a result of a slightly higher concentrator feed grade of 1.38% (an increase of 4.5% of previous quarter).
  The average quarterly recoveries being 73.98% represented a 1.6% decrease by comparing with the previous quarter.
  YT Parksong Austrlia Holding Pty Limited, which is an indirectly 82%-owned subsidiary of L'sea Resources, owns 50% shareholdings in Bluestone Mines Tasmania Joint Venture Pty Limited.

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