Page 1
QUARTERLY ACTIVITIES REPORT
FOR THE SECOND QUARTER ENDED 30 JUNE 2014
HIGHLIGHTS
Stage 2 Kipoi SXEW plant commences cathode production
First copper cathode produced on 25 May 2014
1,499 tonnes of copper cathode produced during Q2 2014
SXEW plant on track to achieve nameplate annual capacity of 25,000
tonnes of copper cathode
2014 production guidance increased to 14,000 tonnes of copper
cathode Stage 1 Kipoi HMS plant
5,093 tonnes of copper-in-concentrate produced during the quarter,
sourced from transitional high sulphur /silica-oxide ore (HSO)
Concentrate recovery and production negatively impacted by variable
HSO metallurgical properties
2014 production guidance reduced to 25,000tonnes of copper-in-concentrate
Corporate
Share placement completed to raise $18.7 million
Additional $25 million advance payment facility made available by Gerald Metals SA
stocknessmonster.com/news-item?S=TGS&E=ASX&N=685855
QUARTERLY ACTIVITIES REPORT
FOR THE SECOND QUARTER ENDED 30 JUNE 2014
HIGHLIGHTS
Stage 2 Kipoi SXEW plant commences cathode production
First copper cathode produced on 25 May 2014
1,499 tonnes of copper cathode produced during Q2 2014
SXEW plant on track to achieve nameplate annual capacity of 25,000
tonnes of copper cathode
2014 production guidance increased to 14,000 tonnes of copper
cathode Stage 1 Kipoi HMS plant
5,093 tonnes of copper-in-concentrate produced during the quarter,
sourced from transitional high sulphur /silica-oxide ore (HSO)
Concentrate recovery and production negatively impacted by variable
HSO metallurgical properties
2014 production guidance reduced to 25,000tonnes of copper-in-concentrate
Corporate
Share placement completed to raise $18.7 million
Additional $25 million advance payment facility made available by Gerald Metals SA
stocknessmonster.com/news-item?S=TGS&E=ASX&N=685855
"Prognosen sind schwierig, besonders wenn sie die Zukunft betreffen."
Greeny
Greeny