Join +750K new investors every month who copy stock picks from billionaire's portfoliosSign Up Free

BRIEF-Largo Resources Announces Expansion Plan For The Maracás Menchen Mine

Published 2018-04-16, 07:34 a/m
© Reuters.  BRIEF-Largo Resources Announces Expansion Plan For The Maracás Menchen Mine
LGO
-

April 16 (Reuters) - Largo Resources Ltd LGO.TO :

* LARGO RESOURCES ANNOUNCES EXPANSION PLAN FOR THE MARACÁS MENCHEN MINE

* LARGO RESOURCES LTD - ENHANCED PRODUCTION RATES WILL INCREASE MONTHLY PRODUCTION AT MARACÁS MENCHEN MINE TO 1,000 TPM OF V(2)0(5)

* LARGO RESOURCES - BELIEVES TOTAL CAPACITY COULD BE EXPANDED TO 1,100 TPM OF V2O5 WITH ADDITIONAL OPERATIONAL IMPROVEMENTS TO KILN REFRACTORY

* LARGO RESOURCES-ENHANCED PRODUCTION RATE AT MARACÁS EXPECTED TO RESULT IN ADDITIONAL 200 TONNES OF V2O5 BEING PRODUCED PER MONTH FROM & AFTER JUNE 2019

* LARGO RESOURCES LTD - CAPITAL EXPENDITURES FOR PLAN ANTICIPATED TO TOTAL ABOUT US$15.5 MILLION USING CURRENT EXCHANGE RATES

* LARGO RESOURCES - CURRENT OPERATIONS AT MARACÁS MENCHEN MINE WILL NOT BE AFFECTED BY EXPANSION PLANS

* LARGO RESOURCES - CURRENT PRODUCTION & CASH OPERATING COST GUIDANCE AT MARACÁS MENCHEN MINE IS MAINTAINED FOR 2018

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.