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Rambler Metals: High Grade Copper Concentrates Shipped to International Markets

Vivien Diniz
Jan. 14, 2014 08:42AM PST
Base Metals Investing

Rambler Metals and Mining plc (TSXV:RAB, LSE:RMM) has delivered approximately 6,608 wet metric ton of copper and gold concentrate from Goodyear’s Cove, NL Canada.

Rambler Metals and Mining plc (TSXV:RAB, LSE:RMM) has delivered approximately 6,608 wet metric ton of copper and gold concentrate from Goodyear’s Cove, NL Canada.

According to Rambler’s press release:

The Company’s internal sampling estimates an average grade for the shipment of 28.28 per cent copper, 7.36 grammes per tonne gold and 51 grammes per tonne silver. This is the fifth shipment, as part of an off-take agreement with Transamine Trading SA (Transamine’), and brings the total delivered to approximately 32,300 wmt to date.

George Ogilvie, President and CEO, commented:

This shipment keeps us on track with our commitment to supply Transamine with 85,000 wmt of high grade copper concentrate. Production at the mine continues at a steady pace while copper recovery at the mill is averaging 95 per cent plus, approximately two per cent above budgeted forecasts. I am pleased with our continued operational progress which is delivering enhanced value for our shareholders.

Click here to view the full press release. 

copper-concentrate high-grade-copper canada tsxv-rab
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