Update of Operations Underground Mine at Nifty
Filed with ASX · · 1 page · English
Summary by 6ix AI
Metals X Limited reports an update on operations at its Nifty underground mine, indicating a temporary power loss that has now been resolved, but will impact production for the current quarter. The company expects copper production for the quarter to be affected, estimating a range of production figures. The power outage was caused by short-circuiting of underground power cables, but repairs have been completed and mining activities have resumed. The Managing Director expressed disappointment over the lower production but remains optimistic about ongoing improvements and future plans for the mine.
Written by 6ix AI from the company’s filing. How 6ix writes summaries
Story so far
Earlier from Metals X
- Clarification on Metals X Half Year EBITDA
- Renison Area 5 & Leatherwood drilling update
- Renison Undamaged by Recent Bush Fires
- Drilling Further Delineates Eastern Extension of Nifty
- Increased Production at Nifty and Renison
Later from Metals X
- Response to ASX Aware Query
- NCO Reset Plan - Conference Call Notification
- Nifty reset plan
- Outstanding Drill Results from Bell 50 Target at Renison
- 2019 Renison Resource Update
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