Canadian mining firm in RP ships out over 5,000 tons of copper concentrates

philstar.com

MANILA, Philippines (Xinhua) - Canadian mining firm TVI Resource Development (Phils.), Inc. (TVIRD) delivered its 10th shipment of copper concentrates from its Canatuan mine in Zamboanga del Norte totaling 5,284 dry metric tons (DMT) worth 7.7 million US dollars to Swiss firm MRI Trading AG (MRI).

Rocky Dimaculangan, TVIRD’s company manager for corporate affairs, said Tuesday that the latest shipment brings the company ’s expected gross revenues for 2009 to 64.1 million US dollars for 2009. Dimaculangan said the MRI might ship the concentrate to China.

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