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Kirungu head down with first asset at El Mochito

Having recently completed a management buyout of the El Mochito zinc mine in Honduras, Kirungu managing director Neil Ringdahl is focusing on further paring back operating costs and increasing metal production despite the challenges brought by the COVID-19 pandemic.

Paul Harris in Medellin
El Mochito in Honduras - under new ownership

El Mochito in Honduras - under new ownership

"We had an AISC [all-in sustaining cost] of US$1.47 per pound payable zinc-equivalent in early 2017 and got that down to $1.05/lb at the end of 2019. We are now aiming to get it to below 95c/lb," Ringdahl...

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