Home / Metal News / Philex Produces 8,021 Oz Gold, 2.76 Mln Pounds Copper In April

Philex Produces 8,021 Oz Gold, 2.76 Mln Pounds Copper In April

iconMay 6, 2010 17:30
Source:SMM

MANILA, May 06, 2010 (Dow Jones Commodities News via Comtex) -- Philex Mining Corp. (PX.PH), the Philippines' most profitable miner, said Thursday it produced 8,021 ounces of gold, 2.76 million pounds of copper and 8,274 ounces of silver in April.

The metal was valued at PHP841 million ($18.5 million) in total, and was produced from Philex Mining's Padcal mine in the country's north, the company said in a statement to the stock exchange. Copper concentrate production at Padcal last month totaled 5,000 tons, it said.

The company estimated the value of the gold produced at PHP422 million, the copper output at PHP412 million and the silver output at PHP7 million, based on prevailing metal prices.
 

copper Cu
copper output copper production
gold

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

SMM Events & Webinars

All