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Market:TSX ASX
Sector:General Mining
EPIC:EQN
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Equinox Minerals

Equinox Minerals (ASX/TSX:EQN) is focused on the development of its 100% owned Lumwana Copper Project in Zambia. The Lumwana Copper Mine will produce an average of 172,000 tonnes per year of copper metal contained in concentrates for the first 6 years of its 37 year mine life. With construction largely complete, remediation of works following the transformer fire incident underway and commissioning continuing, the mine is expected to commence production by the end of 2008.  Full production will be reached in 2009 at which time Lumwana will be Africa's largest copper mine.

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Equinox Minerals registers continued Lumwana copper improvement

Tuesday, October 06, 2009
Equinox Minerals registers continued Lumwana copper improvement

Toronto-headquartered Equinox Minerals (TSX/ASX: EQN) has delivered another quarter of improved copper output during the ramp-up phase of its US$841 million Lumwana operation in Zambia.

Preliminary figures for the September 2009 quarter showed that 28,111 tonnes of copper in concentrate was produced at Lumwana from the processing of 3.82 million tonnes of ore at a head grade of 0.92% copper, up from 24,413t in the preceding quarter.

Lumwana commenced production last December and is forecast to produce an annual 170,000 tonnes of copper in concentrate from the treatment of 20 million tonnes of ore per annum over an initial six years of a predicted mine life of about 37 years.

Craig Williams chief executive of Equinox said that ramp-up in the current quarter would focus on increasing material movement as the large Lumwana plant has already demonstrated capacity to operate at and above design throughput levels.

Latest stated proven and probable copper reserves for Lumwana currently stood at 319 million tonnes grading 0.7% copper with a further 417 million tonnes at 0.6% in the inferred resource category. In terms of estimated contained metal, reserves and resources total more than 6 million tonnes of copper.

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