Proactiveinvestors recommends
Additional Information
Market: TSX
Sector: General Mining
EPIC: ML
Latest Price: 1.85  (-0.54% Descending)
52-week High: 4.81
52-week Low: 1.34
Market Cap: 456.71M
1 year chart
digital-look imported chart image
1 day chart
digital-look imported chart image
Mercator Minerals
www.mercatorminerals.com

Mercator Minerals is a copper producer that owns and operates the Mineral Park copper/molybdenum mine in Arizona, with a corporate strategy focused on maximizing the production potential.

At full capacity, the Mineral Park mine average annual production during the first 10 years is forecast to be approximately 56.4 million pounds of copper, 10.3 million pounds of molybdenum and 0.6 million ounces of silver.

Full Mercator Minerals profile here
Pdf

Mercator Minerals ships 1st molybdenum concentrates from Mineral Park mine

9th Mar 2009, 12:56 pm by Andre Lamberti

Mercator Minerals Ltd said it has started shipping molybdenum concentrates from its Mineral Park mill to a roasting facility in Tucson, Arizona, a five hour haul away.

"Production of molybdenum and copper continue to increase as we get the circuit fined tuned", said Mike Surratt, President and CEO.

Mineral Park has produced in excess of 9,400 tons of copper concentrates and shipped over 6,500 tons to port and has commenced shipment of molybdenum concentrates, it said.

TSX-listed Mercator Minerals Ltd has brought the mill expansion at the Mineral Park mine, one of the largest and most modern copper-moly mining-milling operations in North America, to production in less than 2 years. Mercator management is dedicated to making the Mineral Park mine one of the lowest cost operations in the industry, the company added.

No investment advice

The Company is a publisher and is not registered with or authorised by the Financial Services Authority (FSA). You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is suitable or advisable for any specific person. You further understand that none of the information providers or their affiliates will advise you personally concerning the nature, potential, advisability, value or suitability of any particular security, portfolio of securities, transaction, investment strategy, or other matter.

You understand that the Site may contain opinions from time to time with regard to securities mentioned in other products, including company related products, and that those opinions may be different from those obtained by using another product related to the Company. You understand and agree that contributors may write about securities in which they or their firms have a position, and that they may trade such securities for their own account. In cases where the position is held at the time of publication and such position is known to the Company, appropriate disclosure is made. However, you understand and agree that at the time of any transaction that you make, one or more contributors may have a position in the securities written about. You understand that price and other data is supplied by sources believed to be reliable, that the calculations herein are made using such data, and that neither such data nor such calculations are guaranteed by these sources, the Company, the information providers or any other person or entity, and may not be complete or accurate.

From time to time, reference may be made in our marketing materials to prior articles and opinions we have published. These references may be selective, may reference only a portion of an article or recommendation, and are likely not to be current. As markets change continuously, previously published information and data may not be current and should not be relied upon.