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SANDFIRE RESOURCES NL

ASX: SFR

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Description

Sandfire is a mid-tier mining and exploration company who joined the ranks of Australian copper producers in 2012 following the successful construction and commissioning of its flagship 100%-owned DeGrussa Copper-Gold Mine, located 900km north of Perth in Western Australia.

DeGrussa produces high quality copper-in-concentrate with significant gold credits. Life-of-mine C1 cash operating costs are forecast at approximately US$1.20 per pound.

DeGrussa has a Total Mineral Resource inventory, net of mining depletion to 31 December 2012, containing some 667,000 tonnes of copper and 781,000oz of gold. The exceptional average grade of this resource puts DeGrussa in a league of its own in terms of copper producers worldwide.

Sandfire has a commitment to exploration within its broader 400sqkm tenement holding at DeGrussa and through a portfolio of exploration joint ventures and initiatives in highly prospective mineral provinces in Australia and overseas.

Mine For

copper, gold

Location of operation(s)

Western Australia

Address

Level 1, 31 Ventnor Ave
WEST PERTH, WA, AUSTRALIA

Phone

(61 8) 6430 3800

Email

Website


Last Updated

12/2/2015

 

The data on Australian Shares.com is intended as a guide only and is provided purely as an indication of what information can be found through official announcements. Data on this website should not be used to make an investment or trading decision. All information should be carefully cross-checked against official sources for accuracy. The publisher (Intaanetto Pty Ltd) will not be held liable for any loss arising from the use of this website.