CDM To Announce Copper Cathode Sales Agreement with Gerald Metals
MEXICO CITY, Oct. 9, 2014 /PRNewswire/ -- On October 8, 2014, Cobre del Mayo entered into an agreement with Gerald Metals to sell 50% of its monthly production of LME Grade A copper cathode at a price of M+1 (month following the month of shipment) LME Settlement average price plus $0.0050/lb. The agreement is valid from January 1, 2015 through and including December 31, 2015.
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