posted in:

Tiger Resources exceeds production guidance at Kipoi

Tuesday, Jan 08, 2013

PERTH, Western Australia, Jan. 7, 2013 /CNW/ - Tiger Resources Limited (ASX/TSX: TGS) is pleased to announce that 2012 production at its flagship Kipoi Copper Project in the Democratic Republic of Congo was 36,962 tonnes of copper in concentrate, exceeding previous market guidance by 6%.

Operating costs are yet to be finalised and will be announced as part of the December Quarterly Report, due for release later this month.

During 2012 operations at Kipoi achieved two periods of 1,000,000 man hours lost time injury free and zero reportable environmental or social incidents.

Guidance for 2013

Tiger expects production in 2013 to be at least 37,000t Cu in concentrate, with average direct cash operating costs of 48c/lb, significantly below the guidance for 2012 of 65c/lb. Further detail will be presented in the quarterly report.

Brad Marwood
Managing Director

SOURCE Tiger Resources Limited

posted in:

Other Metal News

Duluth Metals announces SEDAR filing of updated AMEC resource study on Twin Metals 15-04-2014
Comstock Mining provides update 11-04-2014
Sesa Sterlite Limited announces production release for the fourth quarter and full year ended 31 march 2014 11-04-2014
Goldcorp Holds Investor Day announces first quarter 2014 gold production 11-04-2014
Perseus Mining Limited provide Edikan Gold Mine update 11-04-2014
Rare Earth Metals market worth 192,000 tons by 2018 11-04-2014
Red Eagle Mining completes $5,000,000 financing 11-04-2014
Copper Mountain mine achieved record first quarter copper production 11-04-2014
IAMGOLD provides update on advanced exploration projects maiden resource estimate - Pitangui project, Brazil diamond drilling results - Boto Gold proj 11-04-2014
Sierra Mining Limited announces results of first court hearing 11-04-2014

Advertisers