The estimated value of the month's production, based on provisional metal prices of $1,662 per ounce gold, $3.85 per pound copper, and $32.43 per ounce silver, at the exchange rate of P42.92 to $1.00, amounts to P1.203 billion. Of this, P677 million is from gold, P513 million from copper, and P13 million from silver.
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Philex Mining Corporation reports mineral production for March 2012
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Philex Mining Corporation gold production in March 2012 amounted to 9,498 ounces. The company also produced as other products 3,104,606 pounds of copper and 9,688 ounces of silver.
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