greenhorn schrieb am 10.01.2013, 14:01 Uhr[/url]"]
ML - mit einer MK von aktuell knapp 200 Mio CAD + diesen News für mich ein glasklarer Übernahmekandidat! 8)
January 10, 2013 07:30 ET
Mercator Minerals Reports Record Production for 2012 and Provides 2013 Guidance
Copper equivalent(i) production of 87.5 million pounds in 2012
(All US$ unless otherwise specified)
http://www.marketwire.com/press-rel...and-provides-2013-guidance-tsx-ml-1744277.htm
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2013) - Mercator Minerals Ltd. (TSX:ML) ("Mercator" or the "Company") is pleased to announce its production results for the three months and year ended December 31, 2012, along with 2013 expectations for production, capital expenditures and average cash costs** from its wholly-owned Mineral Park Mine ("Mineral Park") in Arizona.
Q4-2012 and 2012 Production Results
Production for the fourth quarter of 2012 totaled a record 23.8 million pounds of copper equivalent*, which consisted of 10.9 million pounds of copper in concentrates and cathode copper, 2.9 million pounds of molybdenum and 157,000 ounces of silver. 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.
"We are very pleased to have exceeded our fourth quarter 2012 expectations with a strong quarter of production. Throughout 2012 we have consistently achieved quarter over quarter production improvements, culminating in 87.5 million pounds of copper equivalent* produced during the year," said Bruce McLeod, President and CEO, of Mercator. "Not surprisingly, our record production results have coincided with improvements in our safety performance, having achieved to date 407 consecutive days without a lost time accident."
2013 Expectations
The Company expects Mineral Park to produce between 93 to 102 million pounds of copper equivalent* in 2013, which includes 41.5 to 46.5 million pounds of copper (38.5 to 42.5 million pounds copper in concentrates and 3.0 to 4.0 million pounds of cathode copper), 11.0 to 12.0 million pounds of molybdenum and 620,000 to 690,000 ounces of silver.
"We expect the momentum achieved from the strong fourth quarter in 2012 to continue in 2013 as we strive for continuous improvement, with our focus on increasing production and lowering unit costs," commented Bruce McLeod, President and CEO of Mercator. "For 2013, we expect metal grades and recoveries to be in line with results achieved in the fourth quarter of 2012 and expect to improve throughput rates during the year as we continue to optimize operations."
The Company expects 2013 cash costs**of production, based on co-product accounting basis, to be $2.25 to $2.50 per pound of copper and $8.55 to $9.45 per pound of molybdenum.
Capital expenditures for 2013 are expected to be $15.0 million, of which $13.0 million is expected to be incurred at Mineral Park Mine and $2.0 million on the El Pilar project. Mineral Park's capital expenditures include approximately $5.0 million for a pebble crusher, $1.7 million for additional mining fleet equipment, with the remaining $6.3 million for sustaining capital. The capital expenditures planned for El Pilar include $0.9 million for land purchases and $1.1 million for capitalized project support, including geology and mineralogy work. The Company's capital program is expected to be funded from the Company's current cash balances and net cash flows from operations.
The Company will continue to monitor opportunities to seek value accretive financing to commence with the construction of the El Pilar copper project.
Guten Morgen! 
sabbelt aber oft 
Danke Olli!
