Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Telson Mining’s Campo Morado zinc and lead mine in Mexico ramped up production in the last month of Q3 2020 after experiencing extended shutdowns at its mill through most of the quarter.


The Canadian miner said in its Oct 15 production report, that the Mexican mine experienced extensive downtime at its mill in the early part of the quarter, due to failures of its SAG mills liners. The arrival of new SAG mill liners towards the end of August enabled increased production throughout September, averaging a processing throughput of 2,181mt/day.


Ralph Shearing, president and chief executive officer, Telson, said that the mine is currently operating at full capacity and is expected to continue at this rate through the rest of the year, provided there’s no surge in COVID-19 infections.


In Q3 2020, the Campo Morado mine milled 127,438mt of ore to produce 7,778mt of zinc concentrate and 3,600mt of contained zinc, as well as 1,609mt of lead concentrate and 114mt of contained lead.


The mine’s revenue from zinc concentrate sales totaled $4.47mn in Q3 2020, while lead concentrate sales brought in revenue of $1.20mn during the quarter. The company did not disclose the comparative production or sales figures for Q3 2019, which will be released along with its financial results on Nov 30.



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