Brief: Centrex Provides Ardmore Operations Update

Centrex

18/09/2023 02:32

Sept 18 (Reuters) - Centrex Ltd  CXM.AX :
    * ARDMORE OPERATIONS UPDATE
    * AS OF 1 OCT 23,  FOR NEXT FOUR MONTHS CO EXPECTS TO MINE
30,000
TONNES OF ORE PER MONTH FOR ARDMORE MINE
    * ONCE COMMISSIONED IN OCTOBER 23, NEW CRUSHING CIRCUIT AT
ARDMORE
MINE IS EXPECTED TO REDUCE TOTAL CRUSHING COSTS BY 60%
    * CO HAS ENTERED INTO FINANCING LEASE AGREEMENT TO PURCHASE
NEW
A$4.4 MILLION CRUSHING & SCREENING CIRCUIT
    * CO REMAINS ON SCHEDULE TO EXPORT OVER 50,000 TONNES OF
BENEFICIATED CONCENTRES DURING FIRST SIX MONTHS OF THIS FY FOR
ARDMORE MINE
    * COMPANY IS TARGETING UP TO 440,000 TONNES OF BENEFICIATED
CONCENTRATE FOR 2024 CALENDAR YEAR

Source text for Eikon:  ID:nASX83nWyz 
Further company coverage:  CXM.AX 

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