REG - Rio Tinto - Rio Tinto second quarter operations review <Origin Href="QuoteRef">RIO.L</Origin> - Part 3
16/07/2015 15:35
- Part 3: For the preceding part double click ID:nRSP1856Tb
Copper ('000 tonnes) 70.1 62.7 18.3 45.0 33.2 123.2 78.2
Gold ('000 ounces) (b) 59.8 79.3 51.1 62.2 51.6 121.8 113.8
Silver ('000 ounces) (b) 818 759 636 698 501 1,417 1,198
(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 2Q 3Q 4Q 1Q 2Q 1H 1H
interest 2014 2014 2014 2015 2015 2014 2015
COPPER & GOLD (continued)
Turquoise Hill Resources
Oyu Tolgoi mine (a) 33.5%
Mongolia
Ore Treated ('000 tonnes) 7,778 7,029 7,505 7,512 9,025 13,338 16,536
Average mill head grades:
Copper (%) 0.53 0.59 0.74 0.52 0.69 0.52 0.61
Gold (g/t) 0.60 0.80 1.46 0.48 1.09 0.55 0.82
Silver (g/t) 1.57 1.64 1.65 1.16 1.46 1.55 1.33
Copper concentrates produced ('000 tonnes) 140.0 134.1 186.7 130.9 215.5 242.9 346.4
Average concentrate grade (% Cu) 25.8 27.3 26.9 25.7 25.6 25.3 25.7
Production of metals in concentrates:
Copper in concentrates ('000 tonnes) 36.2 36.6 50.3 33.6 55.3 61.5 88.9
Gold in concentrates ('000 ounces) 113.0 132.0 278.2 85.6 238.1 178.6 323.8
Silver in concentrates ('000 ounces) 229 216 286 184 297 391 481
Sales of metals in concentrates:
Copper in concentrates ('000 tonnes) 51.6 53.6 67.6 42.1 46.3 64.7 88.4
Gold in concentrates ('000 ounces) 126 144 263 200 177 154 377
Silver in concentrates ('000 ounces) 309 323 383 219 245 387 464
(a) Rio Tinto owns a 33.52% indirect interest in Oyu Tolgoi through its 50.79% interest in Turquoise Hill Resources.
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 2Q 3Q 4Q 1Q 2Q 1H 1H
interest 2014 2014 2014 2015 2015 2014 2015
DIAMONDS
Argyle Diamonds 100.0%
Western Australia
AK1 ore processed ('000 tonnes) 712 876 688 1,178 1,199 1,435 2,377
AK1 diamonds produced ('000 carats) 2,459 2,455 1,813 3,217 3,374 4,920 6,591
Diavik Diamonds 60.0%
Northwest Territories, Canada
Ore processed ('000 tonnes) 617 560 512 476 565 1,204 1,041
Diamonds recovered ('000 carats) 2,150 1,673 1,545 1,498 2,141 4,015 3,639
Murowa Diamonds (a) 0%
Zimbabwe
Ore processed ('000 tonnes) 135 153 160 117 95 277 212
Diamonds recovered ('000 carats) 107 116 130 51 48 196 99
(a) Rio Tinto sold its 77.8% interest in Murowa Diamonds with an effective date of 17 June 2015. Production data are shown up to that date.
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 2Q 3Q 4Q 1Q 2Q 1H 1H
interest 2014 2014 2014 2015 2015 2014 2015
IRON ORE
Rio Tinto Iron Ore
Western Australia
Pilbara Operations
Saleable iron ore production ('000 tonnes)
Hamersley mines (a) 39,742 41,837 45,239 42,177 45,807 76,087 87,984
Hamersley - Channar 60.0% 2,737 2,938 2,502 2,145 2,792 5,474 4,936
Hope Downs 50.0% 10,187 11,292 11,677 11,358 10,518 19,746 21,876
Robe River - Pannawonica (Mesas J and A) 53.0% 8,547 9,144 8,677 7,585 8,306 16,714 15,891
Robe River - West Angelas 53.0% 7,845 7,657 7,198 7,810 7,797 14,409 15,607
Total production ('000 tonnes) 69,057 72,868 75,292 71,075 75,221 132,430 146,295
Breakdown of total production:
Pilbara Blend Lump 18,688 19,416 20,298 20,231 21,990 35,719 42,221
Pilbara Blend Fines 28,397 30,711 31,213 30,641 31,007 53,192 61,648
Robe Valley Lump 2,863 3,051 3,002 2,796 2,907 5,529 5,703
Robe Valley Fines 5,684 6,093 5,675 4,789 5,399 11,185 10,188
Yandicoogina Fines (HIY) 13,425 13,597 15,105 12,618 13,918 26,805 26,536
Breakdown of total sales:
Pilbara Blend Lump 16,246 17,378 17,295 16,832 18,635 31,217 35,467
Pilbara Blend Fines 32,871 33,380 37,370 32,904 36,841 60,691 69,745
Robe Valley Lump 2,764 2,651 2,708 2,373 2,491 5,029 4,864
Robe Valley Fines 6,247 6,124 6,514 4,845 5,277 11,678 10,122
Yandicoogina Fines (HIY) 13,712 14,198 14,628 12,336 14,004 27,444 26,340
Total sales ('000 tonnes) (b) 71,841 73,731 78,515 69,290 77,248 136,059 146,538
(a) Includes 100% of production from Paraburdoo, Mt Tom Price, Marandoo, Yandicoogina, Brockman, Nammuldi and the Eastern Range mines. Whilst Rio Tinto owns 54% of the Eastern Range mine, under the terms of the joint venture agreement, Hamersley Iron manages the operation and is obliged to purchase all mine production from the joint venture and therefore all of the production is included in Rio Tinto's share of production.
(b) Sales represent iron ore exported from Western Australian ports.
Iron Ore Company of Canada 58.7%
Newfoundland & Labrador and Quebec in Canada
Saleable iron ore production:
Concentrates ('000 tonnes) 1,924 1,593 1,439 1,370 2,120 2,994 3,490
Pellets ('000 tonnes) 2,104 2,322 2,388 2,223 2,336 4,038 4,558
Sales:
Concentrates ('000 tonnes) 1,904 2,288 1,246 711 1,894 2,537 2,605
Pellets ('000 tonnes) 1,931 1,996 2,402 2,490 2,288 3,807 4,779
Global Iron Ore Totals
Iron Ore Production ('000 tonnes) 73,085 76,784 79,119 74,667 79,676 139,462 154,343
Iron Ore Sales ('000 tonnes) 75,675 78,014 82,163 72,491 81,430 142,403 153,921
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 2Q 3Q 4Q 1Q 2Q 1H 1H
interest 2014 2014 2014 2015 2015 2014 2015
SALT
Dampier Salt 68.4%
Western Australia
Salt production ('000 tonnes) 2,616 2,293 2,709 2,074 1,745 4,936 3,819
TITANIUM DIOXIDE SLAG
Rio Tinto Iron & Titanium 100.0%
Canada and South Africa
(Rio Tinto share) (a)
Titanium dioxide slag ('000 tonnes) 372 365 316 322 301 762 624
(a) Quantities comprise 100% of Rio Tinto Fer et Titane and Rio Tinto's 74% interest in Richards Bay Minerals' production. Ilmenite mined in Madagascar is being processed in Canada.
URANIUM
Energy Resources of Australia Ltd
Ranger mine (a) 68.4%
Northern Territory, Australia
U3O8 Production ('000 lbs) 0 1,247 1,322 1,078 861 0 1,939
(a) ERA production reported is 'drummed' U3O8.
Rössing Uranium Ltd 68.6%
Namibia
U3O8 Production ('000 lbs) 664 896 902 397 791 1,603 1,188
Rio Tinto percentage interest shown above is at 30 June 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
This information is provided by RNS
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