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    Home > Coatings News > Paints and Coatings Market > Base ilmenite production increased by 3.56% in the first quarter

    Base ilmenite production increased by 3.56% in the first quarter

    • Last Update: 2022-05-09
    • Source: Internet
    • Author: User
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    Mining operations at the South Dunes ore body continued as planned 4-day mining tonnage was lower than the previous quarter's mine relocation and 5-day power outage due to the failure of one of the two pressure pipes used to recover surface water from the tailings pond facility (TSF)
    .
    During the power outage, mining was suspended to prevent further deposition of fine tails at the Wet Concentration Plant (WCP) to implement necessary remedial measures
    .
    After the outage, mining returns to normal throughput
    .
    Mined heavy minerals (HM) grades were slightly higher this quarter at 3.
    84% (previous quarter: 3.
    82%)
    .
    WCP Heavy Mineral Concentrate (HMC) production was lower at 133kt (previous quarter: 153kt) due to lower production
    .
    Inventories fell to 10kt (23kt in the previous quarter) due to lower HMC production
    .
    Sand tails continue to be deposited over the central dune area being mined and capped with a 2-meter thick mud/sand layer to help retain moisture and follow-up restoration and land use
    .
    Restoration of Central Dune Slopes and Plateau Continues Planning and Post-mining Land Use Agricultural Experiments Continued Restoration of South Dune Gobs is on schedule, but little rainfall hinders economic growth
    .



    Bulk loading operations at Kwaleoperations' Likoni export facility continued to run smoothly, with a total of 95kt of bulk ilmenite and rutile shipped in the quarter (previous quarter: 138kt)
    .
    The shipment of rutile and zircon in containers through the port of Mombasa is also on schedule
    .


    Total cash operating costs were $16.
    9 million, down from the previous quarter ($18.
    1 million last quarter), with lower production operating costs resulting in lower unit operating costs to $149 per ton (rutile, ferrotitanium) as final production stabilized.
    ore, zircon, low-grade zircon and low-grade rutile) ($161 per tonne last quarter)
    .


    Cost of goods sold rose to $227 per ton (operating costs, adjusted for inventory changes and royalties
    .


    KwaleOperations' production guidance for fiscal 2022 remains: rutile - 73,000 to 83,000 tons; ilmenite - 310,000 to 340,000 tons; zircon - 24,000 to 28,000 tons
    .
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