During the month,
Philex effected Shipment No. 687 for Pan Pacific Copper Co., Ltd., containing about 9,182 ounces of gold, 2,885,763 pounds of copper, and 9,011 ounces of silver, from 4,934 DMT of concentrates, having an estimated gross value of P1.146 billion, consisting of P656 million from gold, P477 million from copper, and P12 million from silver, based on the average provisional metal prices of $1,649 per ounce gold, $3.82 per pound copper, and $30.55 per ounce silver.
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Philex Mining Corporation Production and Shipment Reports for May 2012
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