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Tiger’s cost climb as production falls

Copper cathode producer Tiger Resources has reported a slight decrease in production during the first quarter of 2016, which resulted in higher cash operating costs.

Copper production during the three months to March reached 6 162 t, compared with the 6 557 t produced in the fourth quarter of 2015, while cash operating costs increased from A$1.29/lb to A$1.44/lb during the same period.