Nov 30, 2018 Australian-Chinese miner MMG Ltd has completed the sale of its Sepon copper gold mine to Chinas Chifeng Jilong Gold Mining for 275 million, the company said on Friday November 30. The deal was first announced in June, when MMG agreed to sell its 90 stake in Lane Zang Minerals, owner of Sepon mine, to the Chinese mining company.
Jul 11, 2017 MMG produced 22,527 tonnes of copper cathode during the three months, which was the strongest 2017 quarter from the mine. Annual Sepon production of 78,492 tonnes in 2016 was 12 lower than the previous year. This was lower than the guidance of 80,000-85,000 tonnes with the C1 cost of US1.32 per pound being above guidance of US1.10-1.25.
Aug 09, 2010 MMG LXML updated stakeholders on its Sepon Mine production for the second quarter of 2010 ending 30 June. In the first 6 months, Sepon achieved production of 34,282 tonnes of copper and 54,631 ounces of gold. Production for the full year 2010 remains on track for 95,000 100,000 ounces of gold and 67,000 70,000 tonnes of copper cathode.
Sepon Copper . The Sepon copper operation commenced operation in 2005 and has consistently produced more than 60,000 tonnes of copper, as cathodes, annually. The Sepon copper operation is based on mining the very high-grade 5 per cent Khanong orebody. The newly discovered, smaller, Thengkham and Phabing deposits will also be mined.
Feb 11, 2021 The Sepon copper project came into production in 2005 at an estimated capital cost of US235M. The adjacent gold mine, also owned by MMG formerly Oz Minerals, was commissioned in 2002 and is considered separately in the Wood Mackenzie Gold Mine Cost Study. In November 2018, MMG completed the sale of its 90 stake in the Sepon operation and ...
Victoria, Australia-based Minerals and Metals Group MMG announced in early November a restart of its commitment to develop three major projects, including 60.4 million to expand production capacity at the Sepon copper operations in Laos 3.7 million for design and construction of a flotation desliming circuit at Sepon to improve pyrite recovery as well as 24 million to design and ...
Jun 21, 2018 MMG sells Laotian Sepon Mine to Chinese gold miner for 275mln. Australian-Chinese miner MMG will sell its Sepon copper mining asset in Laos to a Chinese gold miner for 275 million, the company said on Thursday. MMG will offload its 90 stake in Lane Xang Minerals, owner of the Sepon mine, to Chifeng Jilong Gold Mining, according to the statement.
Nov 04, 2009 The Sepon copper and gold operation comprises a 1,250 square kilometre contract area located approximately 40 kilometres north of the town of Sepon in the Savannakhet Province of south-central Laos. Gold production at Sepon commenced in December 2002 and copper in early 2005.
Sepon, Laos. The copper mine with the tenth-highest grade of copper in the world is found in southern Laos, a country in south-east Asia. An open-pit mine, the grade of copper found there is about 2.7. It is partly owned by the government of Laos, who owns 10 of the mine, with the rest of the mine being owned by MMG, which has its ...
May 18, 2020 Chifeng Jilong made a statement on Saturday that the launch of gold production at the Sepon mine was three months ahead of schedule, in spite of the Covid-19 outbreak. It is estimated that finished gold can be produced in early June, said the company in a statement on its website. The previous owner of the copper and gold mine, MMG Ltd ...
Global resources firm MMG, the previous owner of the Sepon copper and gold mine, had ceased the mines gold operations in December 2013 due to depleting ore reserves and lower margins. In 2018, the Chinese firm bought a 90 stake in the Sepon mine owner Lane Xang Minerals from MMG for 275m.
Nov 19, 2013 MMG Halts Gold Production In Laos. Metals miner MMG will cease gold operations at its Sepon mine, in Laos, in December, owing to the depletion of ore reserves and lower margins. Singapore-listed MMG said on Monday that it would place its gold plant on care and maintenance, while the Sepon operation would focus solely on copper production.
2018-6-21 Australian-Chinese miner MMG will sell its Sepon copper mining asset in Laos to a Chinese gold miner for 275 million, the company said on Thursday. MMG will offload its 90 stake in Lane Xang Minerals, owner of the Sepon mine, to Chifeng Jilong Gold Mining, according to the statement.
MMG Limited 15 years 9 months Planner - Mobile Plant ... Sepon Gold and Copper Mine, Savannakhet province, Laos Maintenance of and data entry into the CMMS Pronto, including but not limited to o Setting up mobile planning system and process o Creation and maintenance of work orders
Jun 25, 2020 Chinas Chifeng Jilong Gold Mining Co last month, on May 16, started processing oxide gold ore from the Sepon mine in Laos, operated by subsidiary Lane Xang Minerals Ltd LXML which is the first time the project has produced gold in over six years after MMG, the previous owner, stopped producing gold at the mine in late 2013, choosing to focus on copper.