Market Herald logo

Subscribe

Be the first with the news that moves the market
  • Red River Resources has delayed operations by nearly month due to mechanical repairs at the Thalanga Operation
  • The secondary crusher was shut down on September 12 and repairs are underway
  • The crusher is expected to be up and running from the start of October

Red River Resources has delayed operations by nearly month due to mechanical repairs at the Thalanga Operation.

A secondary crusher at the processing plant was shut down on September 12 and repairs are underway.

As part of the repair process, the crusher needs to be removed and disassembled to replace the broken parts. Once replaced, the crusher then needs to be reassembled fully.

“The company is minimising the impact on quarterly production by implementing a bypass to the secondary crusher and operating at reduced tonnage,” a company announcement to the ASX said today.

Production is expected to be approximately 30 per cent less than in the July 2019 quarter, which was a record for Red River.

The crusher is expected to be up and running from the start of October.

Red River is an exploration and development company that seeks to build a multi-asset operating business. Its biggest asset is the Thalanga Base Metal Operation in Northern Queensland.

Thalanga produces zinc, copper, and lead, and commenced production in September 2017, ahead of schedule and budget. The project has an available capacity of 650,000 tonnes per annum.

The company also recently acquired the high-grade Hillgrove Gold-Antimony Project in New South Wales, where Red River will be able to build a multi-asset operating business focused on base and precious metals.

The Hillgrove project is located 30 kilometres from Armidale in New South Wales. Since 2004, $180 million has been invested in the project. It was placed on care and maintenance in 2016 due to low prevailing antimony prices.

Whilst the secondary crusher is being repaired, underground mine production will continue.

RVR by the numbers
More From The Market Herald
Cavalier Resources (ASX:CVR) - Executive Technical Director, Daniel Tuffin

" Cavalier Resources (ASX:CVR) begins PFS at Crawford

Cavalier Resources (ASX:CVR) has begun a pre-feasibility study (PFS) at the Crawford Gold Project within the…

" M3 Mining (ASX:M3M) identifies drill targets at Edjudina

M3 Mining (ASX:M3M) has identified prospective gold-in-soil anomalies at the Edjudina gold project 150 kilometres northeast…
The Market Herald Video

" Emerald Resources (ASX:EMR) reports “exceptional” drill results from Neptune, WA

Emerald Resources (ASX:EMR) has reported “exceptional” drill results from the Neptune gold prospect in Western Australia.
The Market Herald Video

" iTech Minerals (ASX:ITM) progresses testwork for PSG production at Campoona

iTech Minerals (ASX:ITM) has produced a 42-kilogram bulk sample of total graphitic carbon (TGC) concentrate from…