Home / Metal News / The production and operation of Northern Mining Industry made steady progress in the first quarter.

The production and operation of Northern Mining Industry made steady progress in the first quarter.

iconApr 18, 2022 09:49
[northern Mining has made steady progress in production and operation in the first quarter] in the first quarter, the company achieved 25.25% of its annual revenue and 26% of its profits. The company's production of copper, cobalt and other major metals exceeded the schedule and achieved 29.15% and 42.69% of the annual target, respectively, up 6.56% and 65.38% from the same period last year.

The mighty spring breeze rises, forge ahead and move forward. In the first quarter of this year, North Mining Co., Ltd. (hereinafter referred to as the company) resolutely implemented the general tone of stable word and steady progress, kept a close eye on the annual business objectives, adhered to the system concept, made every effort to overcome the epidemic, power outages and many other unfavorable factors, forged ahead and overcome difficulties, and comprehensively completed the main production and construction targets in the first quarter, laying a solid foundation for high-quality completion of the annual target.

In the first quarter, the company achieved 25.25% of its annual revenue and 26% of its profit. The company's copper, cobalt and other major metals production were all out of schedule, reaching 29.15% and 42.69% of the annual target, respectively, up 6.56% and 65.38% from the same period last year.

The construction conditions of the vulcanization mine construction project of the second phase of the Camoya project in the Democratic Republic of the Congo are complex and difficult, and the project team studies the water control plan scientifically and organizes it meticulously. The difficult problem of underground water gushing construction was solved by using the method of "cross and coordinated advance" of grouting and development and tunneling, and the construction progress of the middle section of 940m, drainage system and light vehicle ramp was gradually accelerated in the first quarter. The construction of the second phase concentrator, roasting acid plant and copper-cobalt system expansion has been steadily advanced.

The Pombi project in the Democratic Republic of the Congo (DRC) has solidly promoted the relocation of secondary pumping stations for drainage in the open-pit stope, creating good conditions for subsequent expansion and stripping, increasing reserve mining and stabilizing ore supply.

Taking full advantage of the favorable window period of the season, the Sudan Gold Project completed the collection of aeromagnetic and airborne field data totaling 59408 km, drilling workload 610m and trough exploration workload 2524.8 m, and the overall exploration work is progressing smoothly.

Northern Mining insists on two-wheel drive to improve management efficiency, completes the project application for scientific and technological innovation projects in 2022 and the final evaluation of scientific and technological innovation projects in 2021, selects key projects, tries out the mechanism of "uncovering the list and leading", and further strengthens innovation leading. build a solid foundation for the company's high-quality development.

The sun and the moon are never late, and they are urged at 04:00. In the next step, the company will closely focus on the objectives and tasks, continue to adhere to the general tone of "stability, stability and stability", comprehensively promote epidemic prevention and control and production safety construction, and plan and strengthen implementation in advance. System to promote project production and operation and engineering construction work, high-quality completion of the second quarter of the work deployment and annual targets. First, we should continue to do a good job in production organization, pay close attention to monthly, quarterly and annual goals, make reasonable arrangements, implement layers at different levels, and strengthen assessment to ensure stable production and high efficiency; second, we should continue to pay close attention to safety management and focus on key areas, major risks and important links. We should do a good job in process supervision, constantly improve the level of systematic safety management, and escort the high-quality achievement of the annual goal. Third, we should persist in strengthening the leadership and innovation of party building, regularly carry out the study and education of party history, set up responsibility areas and demonstration posts for party members, and continue to activate the vitality of development.

For queries, please contact William Gu at williamgu@smm.cn

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