The Conversation (0)
Moly Mines Ltd. (TSX:MOL,ASX:MOL) provided the highlights of its Quarterly Activities Report and Quarterly Cashflow Report for the period ended June 30, 2013, commenting that its gross sales revenue came in at $33.3 million, a 64-percent increase from the previous quarter.
Moly Mines Ltd. (TSX:MOL,ASX:MOL) provided the highlights of its Quarterly Activities Report and Quarterly Cashflow Report for the period ended June 30, 2013, commenting that its gross sales revenue came in at $33.3 million, a 64-percent increase from the previous quarter.
According to the press release, other mine performance highlights include:
- Four shipments for the quarter including one shipment delayed from March into early April.
- 252,895 wet ore tonnes mined for the Quarter, up 43% from previous Quarter
- 330,949 wet ore tonnes shipped (sold) for the Quarter, up 95% from previous Quarter
- 59.6% Fe average grade of ore shipped
- Gross sales revenue:
- June Quarter: $33.3M, up 64% from previous Quarter
- Realised CFR price of $106.6/t, down 18% from previous Quarter
- Operating cash costs / tonne of ore shipped: $65.7/t
- Mine EBITDA: $5.5M for the Quarter
- Ore stocks on hand at end of Quarter: 78,259 tonnes (excluding 625,754 tonnes of low grade)
Click here to read the full Moly Mines Ltd. (TSX:MOL,ASX:MOL) press release.Â
