• Labour Wrap

    Terry Bell says the labour movement in SA is currently in a state of confusion.

  • Will the NPA stand up?

    Solly Moeng wonders if the NPA head will reinstate criminal charges against president Zuma.

  • Commodity currency

    Jac Laubscher asks if the true exchange rate of the rand is really a cue from commodity prices.

All data is delayed
Loading...
See More

Palabora’s copper production drops

Jan 14 2013 18:59
I-Net Bridge
Johannesburg – Palabora Mining Company [JSE:PAM]‚ the South African copper producer‚ said on Monday full year copper concentrate production fell 25% compared to 2011 due to the closure of production for 67 days in the third quarter of the year following a guide rope failure.

“The impact of the guide rope was partially mitigated by processing of tap-off and slag material‚” the company said in a statement on the JSE.

The production shaft was damaged when a guide rope broke on July 4 last year. Normal copper production was restored in the fourth quarter across all copper production streams albeit with stoppages associated with the safety incidence in October‚ Palabora said.



Follow Fin24 on Twitter, Facebook, Google+ and Pinterest.

palabora mining company

NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Comments have been closed for this article.
 

Company Snapshot

We're talking about:

SMALL BUSINESS

Marketing is a big concern in SA's small business community, followed by a lack of confidence and partnering with the wrong people, according to a survey.
 

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

The drop in inflation:

Previous results · Suggest a vote

Loading...