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Rambler’s Ming Copper-Gold Mine Moves Into Commerical Production

Investing News Network
Oct. 30, 2012 08:17AM PST
Base Metals Investing

Rambler Metals and Mining plc (TSXV:RAB) announced that its Ming Copper‐Gold Mine has advanced to commercial production, set to commence on November 1, 2012.

Rambler Metals and Mining plc (TSXV:RAB) announced that its Ming Copper‐Gold Mine has advanced to commercial production, set to commence on November 1, 2012.

As quoted in the press release:

Commercial Production for the Ming Mine has been defined as the period following commissioning with the mill running at 85% of designed production for a period of 60 continuous days. The operation achieved this milestone during October’s production month. Therefore, the Company has decided to declare Commercial Production effective 1 November 2012 which is also the start of its 2Q 2013 reporting period.

Rambler’s President and CEO, George Ogilvie, said:

The last 12 months have been transformational for the Company as we have transitioned ourselves through construction, development, commissioning, production ramp up and now finally into commercial production. Shortly, the Company will be providing guidance to the market on key production and financial indicators for the remainder of fiscal 2013, now that commercial production has been attained.

To view the full press release, click here.

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