Mine Equipment Update
Hambledon Mining PLC
Mine Equipment Update
|
Hambledon Mining Plc
|
|
|
|
11 March 2009
|
The Directors of Hambledon Mining Plc (“the Company”) are pleased to
report upon the installation and performance of the new secondary
crusher.
The installation of the new secondary cone crusher and re-lining of the
primary ball mill were completed in late February. The installation and
commissioning interrupted operations for longer than expected, resulting
in the equivalent of three weeks of lost production. The upgraded
circuit is, however, now producing crushed ore at above the design rate.
Several other improvements to the crushing circuit were carried out
during the shutdown and will be completed in the next two weeks. These
changes are designed to make the plant more reliable and less prone to
stoppages caused by freeze-thaw weather in spring and autumn.
Nevertheless, some weather-related disruption to production can be
expected from now until the end of April.
The new circuit is capable of producing a more finely crushed product,
which will allow the mills to operate at higher tonnages. There is
therefore potential for higher milling rates after further experience of
operating the new circuit is gained, particularly in the summer months.
A quarterly production update will be given at the beginning of the next
quarter.
Enquiries:
Hambledon Mining:
Telephone +44 (0)20 7233 1462
Charles Zorab
Fairfax I.S. PLC:
Telephone +44 (0)207 598 5368
Nominated Adviser and Broker
Ewan Leggat