Galena Mining’s Abra base metals mine in the Gascoyne region of WA has continued to perform regardless of various transitional changes.
As the mine’s ramp up continues, Abra’s concentrate production in July surpassed 10,000 tonnes, following on from June quarter production of 26,664 tonnes.
July also saw Abra’s 13th lead-silver concentrate shipment of 10,768 tonnes depart from Geraldton Port, with 16,921 of additional tonnes ready for shipment by the end of July.
Abra also recently achieved an exploration milestone, with 100,000m of underground drilling completed at the mine.
On the corporate front, in June CBH Western Australia and Toho Zinc Co made a payment of $US15 million to reduce the Abra debt facility. Still, Galena Mining remains under suspension during the administration process.
Having been with Galena since 2018 and tasked with elevating the Abra mine into production, Tony James has announced his resignation as managing director of Galena Mining and chief executive officer of Abra Mining. His last day will be August 31.
“Tony has been an integral part of the on-time and on-budget construction of Abra during Covid times, including the successful establishment and commissioning of the mine,” Galena chair Adrian Byass said.
“His work will continue assisting the administrators in maximising the value of Abra for all stakeholders.”
Galena said the remaining board members (Adrian Byass, Stewart Howe, and Neville Gardiner) will continue working with the administrators to explore recapitalisation and restructuring opportunities for Galena.
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