trending Market Intelligence /marketintelligence/en/news-insights/trending/13itcqehhogn38fgmyh9cw2 content esgSubNav
In This List

Hillgrove's Kanmantoo copper project on hold due to mechanical failure

Blog

Insight Weekly: US stock performance; banks' M&A risk; COVID-19 vaccine makers' earnings

Blog

Insight Weekly: LNG exports surge; investors unfazed by inflation; neobanks drive VC funding

Blog

Essential Metals Mining Insights November 2021

Blog

[Infographic]: 2021 World Exploration Trends


Hillgrove's Kanmantoo copper project on hold due to mechanical failure

Hillgrove Resources Ltd. said May 15 that operations at the Kanmantoo copper project in South Australia will temporarily halt as a result of a mechanical failure with its primary crusher.

Repair work on the replacement of a failed bearing, together with other planned preventive maintenance, will take between seven to 10 days to complete. It will also reduce the scheduled quarterly shutdown in July by three days.

Prior to the incident, the primary crusher has been utilized continuously since 2013 without any major maintenance issues. The temporary shutdown is not expected to have a material impact, and the company's full-year guidance unchanged.