Tiger Resources Limited Says DRC Copper Export Ban Will Not Effect Sales from Kipoi

Tiger Resources Limited (ASX:TGS, TSX:TGS) announced that the recent ban from the DRC on copper exports will not cause a material effect on their sales arrangements from the Kipoi Copper Project.

As quoted in the press release:

Tiger believes there will be no material impact on its operations or the continued sale of copper concentrate from Kipoi. All copper concentrate produced at Kipoi is sold at the mine-gate under the terms of an off-take contract with Trafigura Beheer BV. The copper concentrate is currently sold either to domestic customers in the DRC or exported to the Chambishi smelter in Zambia.

To view the whole press release, click here.