INDIA Resources expects production at the Surda Copper Project to increase during the second half of 2016 following the resolution of industrial action at the site and issues regarding payments from project owner Hindustan Copper Limited. Both issues resulted in lower production during the June quarter.
Copper ore processed for the June quarter was 77,128 tonnes at 0.84% copper to produce 590 tonnes of copper metal in concentrate. These results were below the 95,127 tonnes processed and 742 tonnes of concentrate produced in the March quarter.
India Resources says operations during the quarter was hampered by illegal industrial action and reduced material supplies for mining as a result of payment delays and disputes with Hindustan Copper.
Dewatering of the Surda mine was blocked by the industrial action, causing flooding of Level 11 and hampering mining of Shaft 3’s Level 11 stopes. Mining returned to normal during the second half of July.
Work on the Surda Expansion Project was also hampered by the industrial action. There were 83.5 metres achieved during the June quarter, less than the 95.9 metres of the previous quarter. The 83.5 metres comprised horizontal driving, raising and cross-cutting as well as 3.9 metres of shaft sinking.
The footwall lode was reached and driving and raising has commenced on Shaft 4, Level 10. At Shaft 3, Level 12 a small loader was installed and a temporary shoot fixed while driving commenced in earnest. Statutory inspections have also been carried out of Shaft 5 for sinking below 60 metres and approval granted by the Directorate General of Mine Safety.
During the September quarter India Resources expected high speed shaft sinking to begin at Shaft 5 along with drive development north and south of Shaft 3, Level 12, and drive and raising at Shaft 4, Level 10.
In regards to India Resources’ cornerstone exploration prospect, the Aravalli Lead-Zinc-Silver Project in Rajasthan, the company’s wholly-owned subsidiary Crown Mining Private Ltd has replied to the Rajsamand Mining Office’s request to consider only the 17.29sqkm area for its application fee deposit for the Aravalli mining licence rather than the original 24sqkm area.
At the request of the Geological Survey of India’s Rajsamand office a submission was made showing a table of drill holes of GSI boreholes and Crown Mining boreholes used in Crown’s submission for the Aravalli project.