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Rambler Reports Financial Results Period Ended March 31, 2017
May. 25, 2017 08:31AM PST
Base Metals Investing Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) (‘Rambler’ or the ‘Company’), a copper and gold producer operating in Newfoundland and Labrador, Canada, today reports its unaudited financial results and operational highlights for period ended March 31, 2017 (Q1/17). As quoted in the press release: PERIOD HIGHLIGHTS Production of 75,438 dry metric tonnes (‘dmt’) …
Rambler Metals and Mining plc (TSXV: RAB, AIM: RMM) (‘Rambler’ or the ‘Company’), a copper and gold producer operating in Newfoundland and Labrador, Canada, today reports its unaudited financial results and operational highlights for period ended March 31, 2017 (Q1/17).
As quoted in the press release:
PERIOD HIGHLIGHTS
Production of 75,438 dry metric tonnes (‘dmt’) of ore (Q4/16: 72,036 dmt, Q1/16: 58,362 dmt) a 5% increase on the previous quarter, with copper head grade of 1.13% (Q4/16: 1.36%, Q1/16: 2.28%).
Production of 2,930 tonnes of concentrate (Q4/16: 3,168 dmt, Q1/16: 4,260 dmt) containing 794 metric tonnes of saleable copper (Q4/16: 850 dmt, Q1/16: 1,107 dmt) and 391 ounces of saleable gold (Q4/16: 865 dmt, Q1/16: 2,096 dmt).
Revenue for the quarter was US$5.7 million (Q4/16: US$5.4 million, Q1/16: US$7.7 million).
