Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Australia-based copper miner Sandfire Resources produced 17,936mt of copper at its DuGrussa operations in the March quarter, down by 1.8pc from the previous quarter output.


The West-Australian miner withdrew its FY2020 guidance of 70,000-72,000mt copper production following uncertainty regarding the impact of COVID-19, despite its operations running at full capacity. Sandfire Resources produced 52,024mt of copper at the end of the first nine months of FY2020. 


In March quarter, total mined production was 436,324mt, of which 302,791mt was sourced from the DeGrussa Copper-Gold Mine and copper extracted was 13,740mt (4.5pc grade). Mine production at Monty Copper-Gold Mine was 133,533mt, of which copper output was 9,683mt (7.3pc grade).


Sandfire shipped 73,945mt of dry concentrate containing 17,564mt of copper in the March quarter. 


The miner’s American subsidiary Tintina Montana recently secured the permit for its Black Butte project, which hosts nearly 11mn mt of 3pc copper, as reported earlier.

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