[ABS-CBNNEWS]MANILA - Philex Mining Corp. reported that it shipped 5,012 dry metric tons (DMT) of concentrates worth P766 million in September 2009, bringing total value of shipments for the first 9 months of the year to P6.93 billion.
In a disclosure to the Philippine Stock Exchage, Philex president Jose Ernesto Villaluna Jr. said this month’s shipment contained about 8,645 ounces of gold, 9,169 ounces of silver and 2.57 million pounds of copper.
Based on previous disclosures, Philex has so far made 10 shipments since the start of the year, down from 11 last year, amounting to 50,155 DMT.
But even though there were fewer shipments this year, total estimated gold content amounted to 97,740 ounces compared to only 96,683 ounces in the first 9 months of 2008 because of higher ore grades mined. Read More
No comments:
Post a Comment