ACMDC completes copper shipment

MANILA, Philippines - Atlas Consolidated Mining and Development Corp. (ACMDC) completed last Sept. 25 its 14th shipment of copper concentrates for this year through its subsidiary Carmen Copper Corp. (CCC).

 The copper shipment was loaded on board MV Transco Star and is consigned to Jinchuan Group Ltd. in Jinchang City, Ganzu Province, People’s Republic of China.

The shipment had a total volume of 5,762.149 wet metric tons (wmt) which contained 27.97 percent copper, 2.76 grams of gold per dry metric ton (dmt), and 26.24 grams of silver per dmt based on preliminary assays.

The entire shipment is valued at approximately $9 million exclusive of gold credits.

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