Mercator Minerals
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.
Mercator Minerals ships 1st molybdenum concentrates from Mineral Park mine
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.
Other Mercator Minerals news
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13/08/10 Mercator Minerals banks maiden profit after pivotal second quarter
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09/02/10 Mercator Minerals on track to boost copper-molybdenum production at Mineral Park
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02/10/09 Mercator Minerals Expands Copper Operations through Stingray Copper Acquisition
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15/05/09 Mercator Minerals copper and molybdenum production ramping up
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05/01/09 Mercator Minerals Ships First Copper Concentrate
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