Metals X Limited, formerly Bluestone Tin, reported a sharp increase in production at its Collingwood mine in Queensland during the quarter ending December 31. Ore throughput was 260% higher than in the previous quarter, and with grades rising slightly to 1.21% Sn, the tin content of concentrates produced rose 300% to 606 tonnes.
Although production at Collingwood is still falling short of target, the operation became cash positive from December.
The company also reported that studies to recommence production from the Renison and Mount Bischoff mines in Tasmania were “entering the final mining approval phase”. Metals X has been carrying out site works to install a new primary crusher at Renison which would treat ore from both mines.
Meanwhile a bankable feasibility study on tailings re-treatment at Renison is expected to start later in the year, following larger scale test work to confirm likely tin recoveries.
