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CMDC complete 40th shipment of copper concentrate

Tuesday, Apr 19, 2011
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Business World reported that Consolidated Mining and Development Corporation completed its 40th shipment of copper concentrate weighing 4,717.63 DMT worth USD 12.01 million.


The concentrates, mined through subsidiary Carmen Copper Corporation contained 27.80% copper, 2.42 grams of gold per DMT and 22.82 gram per DMT of silver.


The shipment completed on April 13 was delivered to China based Yanggu Xiangguan Copper Company Limited, a smelting firm from the Sangi Port in Toledo City of Cebu. The next shipment for the month is due on April 25th 2011.

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