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TVI Pacific Inc. Completes 32nd Shipment of Copper Concentrate
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.
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