Referenced Stocks

Tiger Resources June Production at Kipoi Sets New Records

By Midnight Trader,  July 25, 2012, 08:21:09 AM EDT

Tiger Resources Limited (TGS.TO) provided an update on the recent production performance of the Stage 1 HMS (heavy media separation) plant at its Kipoi Copper Project in the Democratic Republic of Congo ( DRC ).

During the month of June 3,853 tonnes of copper was produced in concentrate, exceeding the previous record production achieved in March of 3,506 tonnes. Copper produced in concentrate for Q2 2012 was a record 10,233 tonnes.

HIGHLIGHTS:

- Record of 3,853 tonnes of copper in concentrate produced in month of June 2012.

- Concentrate grade of 26.2% exceeds nameplate capacity.

- Stage 1 HMS plant on track to achieve production level of 35,000 tonnes per annum.




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: DRC



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