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Philex Mining Corporation reports mineral production for March 2012...

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.
During the month, the Padcal mine delivered 795,682 DMT of ore, resulting in 5,725 DMT of concentrates containing 51.60 grams per DMT of gold, 24.60% copper, and 52.63 grams per DMT of silver.

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" was written by Mary under the Business category. It has been read 1689 times and generated 0 comments. The article was created on and updated on 10 April 2012.
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