Mercator Minerals Achieves Record Production for 2012; Provides 2013 Guidance

By MT Newswires,  January 10, 2013, 08:03:15 AM EDT

Mercator Minerals Ltd. (ML.TO) said production for 2012 totaled a record 87.5 million pounds of copper equivalent, which consisted of 40.9 million pounds of copper in concentrates and cathode copper, 10.3 million pounds of molybdenum and 677,500 ounces of silver.

The company also expects capital expenditures for the year 2013 to be $15 million, of which $13 million is expected to be incurred at Mineral Park Mine and $2 million on the El Pilar project. It expects Mineral Park to produce between 93 to 102 million pounds of copper equivalent in 2013.




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.


This article appears in: Investing, Commodities

Referenced Stocks:



Latest News Video

How to Pick Stocks in This Economic Environment
How to Pick Stocks in This Economic...
How To Grow Your Small Business
How To Grow Your Small Business     
Private Wealth Revives, Managers Face Higher Costs
Private Wealth Revives, Managers Fa...
Private Island on the Thames: $11.7 Million
Private Island on the Thames: $11.7...


Sign-in
Existing NASDAQ.com member? Log in here.

By signing into the site using any of the third-party services above, you agree to NASDAQ.com's Terms of Use.

.com
Newsletters
Sign up now to receive our weekly newsletters:
ETF Insight (Individual Investor)
ETF Insight (Professional)
Just give us your email address and we'll do the rest.




Most Active by Volume:

Company Last Sale Change Net / %
S $ 7 0.32  4.37%
PFE $ 29.10 0.30  1.02%
BAC $ 13.19 0.08  0.60%
MU $ 13.97 0.22  1.60%
SIRI $ 3.37 0.03  0.88%
GE $ 23.98 0.35  1.44%
QQQ $ 72.76 0.82  1.11%
ELN $ 14.15 0.37  2.69%