Galaxy Resources
(ASX:GXY) has provided a market update with total mining volumes at its Mt Cattlin mine down by 8 per cent for the September quarter.
The drop was due to a delay in receiving permits for planned access east of Floater road.
Treated ore increased slightly by 1 per cent to over 441 thousand wet metric tones.
During the quarter the miner inked a deal with POSCO to sell a package of tenements at its Sal De Vida project in Argentina for US$280 million.
Galaxy had US$54.7 million in cash and liquid securities at the end of the quarter and zero debt.
Shares in Galaxy Resources
(ASX:GXY) closed 1.27 per cent lower at $2.33 on Wednesday.
