Talvivaara Mining Co. Plc (TALV.L) said for the second quarter of 2012, nickel production was 3,194t and zinc production was 6,686t.
The company stated that output was impacted by dilution of leach solutions due to rapid spring flooding and excessive rain and scheduled maintenance and previously announced fatality related stoppage in April.
New cheif executive officer Harri Natunen conducted operational review and will adopt a more sustainable production approach during ramp-up aimed at improving the efficiency and reliability of the operations and minimising environmental impact, Talvivaara noted.
The company continues to evaluate opportunities for production increases in the near term and anticipates that it will be in a position to give updated guidance for the current year at the interim results on August 16, 2012. Talvivaara remains confident that a substantial production increase over last year's output of 16,087t of nickel can be delivered and anticipates the annualised production rate to sustainably reach more than 25,000tpa of nickel during the remainder of the year.
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