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TVI Pacific Inc. Completes 32nd Shipment of Copper Concentrate

Investing News Network
Nov. 09, 2012 08:39AM PST
Base Metals Investing

TVI Pacific Inc. (TSX:TVI, OTCQX:TVIPF) announced that it completed its 32nd shipment of copper concentrate produced at the Canatuan mine.

TVI Pacific Inc. (TSX:TVI, OTCQX:TVIPF) announced that it completed its 32nd shipment of copper concentrate produced at the Canatuan mine.

As quoted in the press release:

The 32ND shipment of 5,083 dmt of copper concentrate left the port of Santa Maria in Siocon, Zamboanga del Norte, in accordance with the off-take arrangement between TVIRD and MRI Trading AG (MRI) on November 4, 2012. TVIRD expects to earn gross revenue of approximately US$11.5 million from MRI for this shipment (pending final assay and price adjustments). Remaining in inventory is approximately 621 dmt of copper concentrate.

To view the whole press release, click here.

copper concentrate tsx:tvi mri trading
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