BASE METALS

More challenges for Austral's Anthill

WHILE Austral Resources is hoping it has done enough to future-proof is Anthill mine in Queensland, it continues to struggle against the impact of significant rain events that have persisted into July, curtailing haulage and increasing the moisture in its heap leach stacks.

Anthill

Anthill

Production fell 13% from 2818 tonnes in the March quarter to 2315t while costs rose from US$2.79 per pound to $3.05/lb. It wasn't all down to the weather reducing ore stacking, but a planned mill...

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