Sandfire maintains FY production guidance

Australia-based Sandfire has maintained its production guidance for the 2023 financial year, despite expecting the Matsa mine, in Spain, to perform at the lower-end of its guidance range for the year.

The group’s guidance for copper production is between 83 000 t to 91 000 t, while its target for zinc is 78 000 t to 83 000 t, lead is 6 000 t to 10 000 t, gold is 12 000 oz to 14 000 oz and silver is 2.2-million to 3.2-million ounces.

Copper production fell to 20 031 t in the December quarter, from 28 056 t in the September quarter.