CuDeco has announced the start of ore feed commissioning for the processing plant at its Rocklands Group copper project near Cloncurry.
The latest development follows the successful completion of a $63 million rights issue.
Newly appointed managing director Dr Dianmin Chen described the ore feed is an important milestone for the full commissioning of the Rocklands processing plant as the company worked towards the delivery of near-term cash flow.
“Management, operators and contractors continue to work hard to ensure the commissioning is completed as quickly as possible, and I look forward to updating shareholders on our progress as we deliver new jobs, revenue and other economic benefits to all stakeholders,” he said.
The company says first shipment of product is expected before the end of this month.
More at http://www.cudeco.com.au/