CSD consolidated tin mines limited

The concentrator continues operating 24/7 producing...

  1. 5,527 Posts.
    lightbulb Created with Sketch. 31
    The concentrator continues operating 24/7 producing approximately 2,500 tonnes of zinc metal in concentrate, 700 tonnes of lead metal in concentrate and 180 tonnes of copper metal in concentrate per month.

    So:
    2500 * $2635 = $6,587,500
    700 * $2322 = $1,625,400
    180 * $7644 = 1,373,920

    Total = $9,586,820 per month or $115,042,840 per year!


    See link for operational guidelines:
    http://www.csdtin.com.au/wp-content/uploads/2015/03/02 Mar - CSD Update.pdf

    See link at bottom for metal prices used. All in Aussie dollars converted from unofficial 3-month LME prices.

    AUD 0.7637....... (0.7716). Exchange rate from Bloomberg.

    Copper US$5838 becomes $7644 in Aussie....... ($7446)
    Lead US$1774 becomes $2322 in Aussie....... ($2340)
    Zinc US$2013 becomes $2635 in Aussie....... ($2612)
    Tin US$17,425 becomes $22,816 in Aussie....... ($23,457)

    (Brackets indicate previous week's values.)

    ;-)

    LME base metals mostly rise on Friday

    LONDON, March 13 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) mostly closed higher on Friday.

    The three-month unofficial copper price increased 10 U.S. dollars, or 0.17 percent, to 5,838 U.S. dollars per tonne.

    The three-month unofficial aluminium price went up 19 U.S. dollars, or 1.09 percent, to 1,769 U.S. dollars a tonne.

    The three-month unofficial lead price dropped 43 U.S. dollars, or 2.37 percent, to 1,774 U.S. dollars a tonne.

    Besides, the three-month unofficial zinc price rose 5 U.S. dollars, or 0.25 percent, to 2,013 U.S. dollars a tonne.

    The three-month unofficial nickel price increased 187.5 U.S. dollars, or 1.35 percent, to 14,075 U.S. dollars a tonne.

    The three-month unofficial tin price went up 75 U.S. dollars, or 0.43 percent, to 17,425 U.S. dollars a tonne.

    http://www.globalpost.com/dispatch/news/xinhua-news-agency/150313/lme-base-metals-mostly-rise-friday
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.