Closure, News

Abra calls in administrators

Abra Mining has appointed administrators, calling in Richard Tucker and Robert Hutson of KordaMentha.

Abra Mining has appointed administrators, calling in Richard Tucker and Robert Hutson of KordaMentha.

The company, a joint venture between Galena Mining (60 per cent) and CBH Western Australia (40 per cent), owns and operates the Abra base metals mine in the Gascoyne region of WA.

Abra has previously outlined ramp-up issues with mining rates, mined grade and recent rainfall events restricting in-bound critical supplies and out-bound concentrate haulage.

“In February and March to date, Abra concentrate production and haulage has been affected by flooded roads forcing the mine to preserve LNG stocks,” Galena managing director Tony James said in March. “The mined and processed grade continues to be lower than planned due to ongoing modelling and operational variances.

“The mine has brought forward a mill re-line which was initially scheduled for April with the view of achieving a continuous processing block in the coming weeks once the road is re-opened.”

January ore milled was 107,886 tonnes (t) at 5.3 per cent lead grade, producing 7861t of concentrate. That same month, processing was impacted by 95 hours of mill downtime.

According to Galena, the administrators plan to operate the Abra mine and processing plant on a business-as-usual basis while reviewing operating options.

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