4,000 tonnes of cathode produced year to date.
Current power supply issues have been caused by unexpected
network-wide power outages within the Katanga region. A
combination in the last two weeks of low water levels,
infrastructure failure and inability to access power from
neighbouring Zambia has led to an extended period of no, or
limited, power allocation to the Kinsevere site, from Société
nationale d'électricité, the national electricity company of
the DRC .
Minmetals Resources Ltd ("MMR") has been working closely with
Kinsevere management and, electricity providers in the DRC
and neighbouring Zambia to improve the reliability of supply.
In addition, plans are underway to provide a level of
temporary on-site generation to ensure that Kinsevere
continues to ramp-up effectively.
The program to repair, upgrade and, ultimately replace, the
four electricity transformers in the electrowinning circuit
begun in early 2012 is proceeding well and should be
concluded by the end of the March Quarter. As a result of
commissioning new and refurbished transformers, current
operating efficiency in the tank house continues to
improve.
MMR will provide an update on the Kinsevere ramp-up at the
release of its 2011 Financial
Results on March 28, 2012.
Minmetals Resources Limited Minmetals Resources Limited
Group Manager - Communications Group Manager - Investor Relations
T +61 3 9288 0850 T +61 3 9288 9165
M +61 417 144 524 M +61 422 963 652
E sally.cox@mmg.comE colette.campbell@mmg.com