COPPER
ASX-listed Tiger Resources has downgraded its copper cathode production expectations for 2016, following the seepage of process solution from its intermediate leach solutions (ILS) pond at the Kipoi project, in the Democratic Republic of Congo.
The miner said on Tuesday that the leak was discovered on October 15, with the ILS solution exiting the pond wall at the top of the eastern embankment. All flow to the ILS pond was ceased and a diversion trench was excavated to divert the flow to the process pond.
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