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TVI Pacific Sends 35th Shipment of Copper Concentrate From Canatuan

Investing News Network
May. 02, 2013 11:27AM PST
Base Metals Investing

TVI Pacific Inc. (TSX:TVI, OTCQX:TVIPF)announced that theirPhilippine operating affiliate, TVI Resource Development has sent out its 35th shipment of copper concentrate produced at the Canatuan
mine.

TVI Pacific Inc. (TSX:TVI, OTCQX:TVIPF)announced that theirPhilippine operating affiliate, TVI Resource Development has sent out its 35th shipment of copper concentrate produced at the Canatuan
mine.

As quoted in the press release:

The 35th shipment of 5,282 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 April 27, 2013. TVIRD expects to earn gross revenue of approximately US$10.4 million from MRI for this shipment (pending final assay and price adjustments). Remaining in inventory is approximately 931 dmt of copper concentrate.

To view the whole press release, click here.

copper concentrate tsx:tvi mri trading
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