REG - Rio Tinto - Third quarter operations review <Origin Href="QuoteRef">RIO.L</Origin> - Part 3
16/10/2015 07:00
- Part 3: For the preceding part double click ID:nRSP4597Cb
52.8 20.5 26.6 17.4 22.2 183.8 66.3
Gold ('000 ounces) 87 33 45 29 31 227 105
Silver ('000 ounces) 970 356 486 310 362 2,578 1,158
Molybdenum concentrates produced ('000 tonnes): 10.5 4.9 5.2 5.0 3.4 17.0 13.7
Molybdenum in concentrates ('000 tonnes) 5.6 2.6 2.7 2.6 1.8 8.9 7.0
(a) Mining operations ceased in the first quarter of 2002. Gold continues to be recovered from leach pads.
(b) Includes a small amount of copper in precipitates.
Kennecott smelter & refinery 100.0%
Copper concentrates smelted ('000 tonnes) 205 122 148 99 113 787 360
Copper anodes produced ('000 tonnes) (a) 50.2 24.9 35.1 19.1 17.1 179.3 71.3
Production of refined metal:
Copper ('000 tonnes) 62.7 18.3 45.0 33.2 14.3 185.9 92.5
Gold ('000 ounces) (b) 79.3 51.1 62.2 51.6 34.1 201.1 148.0
Silver ('000 ounces) (b) 759 636 698 501 296 2,175 1,495
(a) New metal excluding recycled material.
(b) Includes gold and silver in intermediate products.
Rio Tinto percentage interest shown above is at 30 September 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 3Q 4Q 1Q 2Q 3Q 9 MTHS 9 MTHS
interest 2014 2014 2015 2015 2015 2014 2015
COPPER & GOLD (continued)
Turquoise Hill Resources
Oyu Tolgoi mine (a) 33.5%
Mongolia
Ore Treated ('000 tonnes) 7,029 7,505 7,512 9,025 8,632 20,367 25,168
Average mill head grades:
Copper (%) 0.59 0.74 0.52 0.69 0.75 0.55 0.66
Gold (g/t) 0.80 1.46 0.48 1.09 0.56 0.64 0.73
Silver (g/t) 1.64 1.65 1.16 1.46 1.90 1.58 1.52
Copper concentrates produced ('000 tonnes) 134.1 186.7 130.9 215.5 210.3 377.0 556.7
Average concentrate grade (% Cu) 27.3 26.9 25.7 25.6 26.6 26.0 26.0
Production of metals in concentrates:
Copper in concentrates ('000 tonnes) 36.6 50.3 33.6 55.3 56.0 98.2 144.9
Gold in concentrates ('000 ounces) 132.0 278.2 85.6 238.1 122.6 310.6 446.4
Silver in concentrates ('000 ounces) 216 286 184 297 388 608 869
Sales of metals in concentrates:
Copper in concentrates ('000 tonnes) 53.6 67.6 42.1 46.3 58.2 118.3 146.5
Gold in concentrates ('000 ounces) 144 263 200 177 200 298 577
Silver in concentrates ('000 ounces) 323 383 219 245 334 710 798
(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 September 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 3Q 4Q 1Q 2Q 3Q 9 MTHS 9 MTHS
interest 2014 2014 2015 2015 2015 2014 2015
DIAMONDS
Argyle Diamonds 100.0%
Western Australia
AK1 ore processed ('000 tonnes) 876 688 1,178 1,199 1,339 2,311 3,716
AK1 diamonds produced ('000 carats) 2,455 1,813 3,217 3,374 3,514 7,375 10,105
Diavik Diamonds 60.0%
Northwest Territories, Canada
Ore processed ('000 tonnes) 560 512 476 565 478 1,765 1,519
Diamonds recovered ('000 carats) 1,673 1,545 1,498 2,141 1,269 5,688 4,908
Murowa Diamonds (a) 0.0%
Zimbabwe
Ore processed ('000 tonnes) 153 160 117 95 - 430 212
Diamonds recovered ('000 carats) 116 130 51 48 - 312 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 September 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 3Q 4Q 1Q 2Q 3Q 9 MTHS 9 MTHS
interest 2014 2014 2015 2015 2015 2014 2015
IRON ORE
Rio Tinto Iron Ore
Western Australia
Pilbara Operations
Saleable iron ore production ('000 tonnes)
Hamersley mines (a) 41,837 45,239 42,177 45,807 50,113 117,924 138,097
Hamersley - Channar 60.0% 2,938 2,502 2,145 2,792 3,019 8,411 7,955
Hope Downs 50.0% 11,292 11,677 11,358 10,518 11,179 31,038 33,055
Robe River - Pannawonica (Mesas J and A) 53.0% 9,144 8,677 7,585 8,306 8,529 25,858 24,420
Robe River - West Angelas 53.0% 7,657 7,198 7,810 7,797 8,485 22,066 24,092
Total production ('000 tonnes) 72,868 75,292 71,075 75,221 81,325 205,298 227,621
Breakdown of total production:
Pilbara Blend Lump 19,416 20,298 20,231 21,990 24,306 55,135 66,527
Pilbara Blend Fines 30,711 31,213 30,641 31,007 34,672 83,903 96,320
Robe Valley Lump 3,051 3,002 2,796 2,907 2,840 8,580 8,543
Robe Valley Fines 6,093 5,675 4,789 5,399 5,690 17,278 15,878
Yandicoogina Fines (HIY) 13,597 15,105 12,618 13,918 13,818 40,402 40,353
Breakdown of total sales:
Pilbara Blend Lump 17,378 17,295 16,832 18,635 21,147 48,594 56,615
Pilbara Blend Fines 33,380 37,370 32,904 36,841 41,695 94,071 111,440
Robe Valley Lump 2,651 2,708 2,373 2,491 2,651 7,680 7,515
Robe Valley Fines 6,124 6,514 4,845 5,277 6,124 17,802 16,246
Yandicoogina Fines (HIY) 14,198 14,628 12,336 14,004 13,934 41,642 40,274
Total sales ('000 tonnes) (b) 73,731 78,515 69,290 77,248 85,552 209,790 232,090
(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) 1,593 1,439 1,370 2,120 2,039 4,588 5,529
Pellets ('000 tonnes) 2,322 2,388 2,223 2,336 2,703 6,360 7,261
Sales:
Concentrates ('000 tonnes) 2,288 1,246 711 1,894 3,150 4,825 5,755
Pellets ('000 tonnes) 1,996 2,402 2,490 2,288 2,644 5,802 7,423
Global Iron Ore Totals
Iron Ore Production ('000 tonnes) 76,784 79,119 74,667 79,676 86,067 216,246 240,410
Iron Ore Sales ('000 tonnes) 78,014 82,163 72,491 81,430 91,346 220,417 245,268
Rio Tinto percentage interest shown above is at 30 September 2015. The data represent full production and sales on a 100% basis unless otherwise stated.
Rio Tinto operational data
Rio Tinto 3Q 4Q 1Q 2Q 3Q 9 MTHS 9 MTHS
interest 2014 2014 2015 2015 2015 2014 2015
SALT
Dampier Salt 68.4%
Western Australia
Salt production ('000 tonnes) 2,293 2,709 2,074 1,745 1,874 7,229 5,694
TITANIUM DIOXIDE SLAG
Rio Tinto Iron & Titanium 100.0%
Canada and South Africa
(Rio Tinto share) (a)
Titanium dioxide slag ('000 tonnes) 365 316 322 301 243 1,127 866
(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) 1,247 1,322 1,078 861 1,008 1,247 2,946
(a) ERA production reported is 'drummed' U3O8.
Rössing Uranium Ltd 68.6%
Namibia
U3O8 Production ('000 lbs) 896 902 397 791 552 2,500 1,740
Rio Tinto percentage interest shown above is at 30 September 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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