Metals X halts underground mining at Nifty

Metals X has suspended underground operations at the Nifty copper mine in Western Australia to undertake remedial repairs.

The works, which focus on the mine’s secondary escape way, follow a routine inspection at the Pilbara site.

Metals X anticipates the repairs will take around seven days to complete, with the mine expected to be fully operational by the middle of next week.

The Nifty operations involve open pit and underground mines supported by a 2.5 million tonne a year copper concentrator.

Annual production at the site is around 35,000 tonnes of copper at costs of about $A2.80 a pound.

Metals X has owned the Nifty mine since August last year after acquiring the site from Aditya Birla.

The Perth-based company is aiming to increase production to 40,000 tonnes of copper a year during the first half of the 2018 fiscal year.

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