THE BOURSE WHISPERER: Discovery Metals (ASX: DML) has hit a temporary roadblock to ore milling at the company’s Boseto copper project in Botswana.
The interruption has been caused by the failure of a bearing in the ball mill gearbox, which was detected on 24 December.
The company originally anticipated the shutdown would be for a short duration as the required parts for the repair were on site at Boseto.
The mill manufacturer’s engineers were called to site for warranty and quality control reasons and the subsequent dis-assembly of the gearbox detected possible metal contamination within the assembly.
This meant the complete assembly was required to be sent to Johannesburg for expert re-assembly., which is now underway.
“The mill is planned to be in operation within a week and then will process the crushed ore stockpile which continues to build up as ore mining and crushing operations continue at full production rates,” Discovery Metals said in the company’s ASX announcement.
“Further details will be provided in the December Boseto Commissioning Update, which will be published next week.”