Home / Metal News / Pirquitas Tin Reserves Cut to Zero

Pirquitas Tin Reserves Cut to Zero

iconNov 21, 2011 09:50
Source:SMM
Silver Standard Resources has published new resource and reserve estimates for its Pirquitas mine in Argentina.

Nov. 21 -- Silver Standard Resources has published new resource and reserve estimates for its Pirquitas mine in Argentina, which until recently had been expected to be a significant producer of up to 3,000 tonnes per year of tin as a by-product of silver mining. The new estimates reduce the estimated silver and zinc content of the ore-body significantly and exclude tin (previously estimated as some 80,000 tonnes) altogether.

In a statement the company said that tin would be excluded from its reserve estimates and cost calculations "until an economically viable processing method has been designed and tested." The start-up of a tin processing circuit at the mine was delayed and then halted in 2010 due to difficulties in achieving a satisfactory recovery rate in processing. The mine will produce between 7.3 and 7.6 million ounces of silver this year, together with some by-product zinc.
 

tin;Silver Standard Resources;Pirquitas mine;Argentina;

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn