Red metal record for Thalanga operation
The bumper result stemmed from an increase in copper grade in the ore milled (to 1.0 per cent copper) and a record copper recovery to copper concentrate of 84.7 per cent.
The company achieved a record quarterly production of 2697 tonnes of high-quality copper concentrate.
At the same time it produced 4310 tonnes of high-quality zinc concentrate and 1133 tonnes of high-quality lead concentrate.
Red River also processed a parcel of historical gold-rich tailings from its Liontown project during the quarter.
This produced approximately 600 tonnes of gold concentrate containing 1300oz of gold on an unreconciled basis.
Plans to build a 105km underground pipeline from the Burdekin River to Bowen have been boosted with $5 million in federal funding for a detailed busin...