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Rambler Metals & Mining Completes 13th Goodyear's Cove Shipment

Tue, 10th May 2016 08:04

LONDON (Alliance News) - Rambler Metals & Mining PLC on Tuesday said it has delivered approximately 5,500 wet metric tonnes of copper and gold concentrate from its facility in Goodyear's Cove in Canada.

The mining company said its internal sampling estimates an average grade for the shipment of 27% copper, 15 grammes per tonne of gold and 96 grammes per tonne of silver.

"By concentrate standards this is a high quality product with little in the way of deleterious materials," Rambler said in a statement.

This is the 13th shipment completed since commercial production began, bringing the total concentrate delivered to around 83,500 wet metric tonnes.

Following the shipment, Rambler has approximately 200 wet metric tonnes of concentrate in storage at its Goodyear's Cove facility.

Shares in Rambler were untraded on Tuesday morning, last traded at 3.74 pence.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2016 Alliance News Limited. All Rights Reserved.

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