Copper Concentrate Sales Contract P Computation
COPPER CONCENTRATES SALES AGREEMENT AMONG …
The copper refining charge (the "Copper Refining Charge") for Concentrates delivered hereunder shall, for each Contract Year, be negotiated and agreed in good faith between the Seller and …
Estimating copper concentrates benchmark prices under …
Sphalerite/marmatite existed in copper sulfide concentrate as impurity may lead to severe damage of the smelting equipment, and cause the waste of copper and Zn resources, it will also decrease of the sale price of copper concentrates. Therefore, the deep separation of zinc from zinc bearing copper sulfide concentrate is of great significance.
RULES FOR DETERMINING AND ENFORCING COPPER …
In the case of forward contracts, the price of the contract may be adjusted in accordance with the market conditions, and the conditions and calculation methods of the price adjustment shall be …
COPPER CONCENTRATE SALES FRAMEWORK AGREEMENT …
The terms of the Copper Concentrate Sales Framework Agreement were arrived at after arm's length negotiations between the Company and CMN and are consistent with terms for …
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The annual quantity of Concentrate which Seller shall deliver and sell to Buyer, and Buyer shall receive and purchase from Seller (the "Annual Quantity"), shall be 30% of Annual Production in each of the Initial Period and the first Contract Year, subject to a maximum of 40,000 DMT during the first Contract Year and approximately 40,000 DMT ...
Calculation of the Net Smelter Return (NSR) of a Mine
concentrate contracts shows that the mines receive a percentage of the final price of the end product which fluctuates only within a certain range (see Fig. 7.2 for Zn concentrates for example). For our estimates we can therefore work with approximate factors, i.e. in the copper example of Sect. 7.2.1 we replace the following assumptions and ...
COPPER CONCENTRATE SALES FRAMEWORK AGREEMENT …
COPPER CONCENTRATE SALES FRAMEWORK AGREEMENT. As part of the ordinary and usual course of business, the Group sells the Product to the CMN Group.On 1 March 2016, the Company entered into the Copper Concentrate Sales Framework Agreement with CMN in relation to the sale of the Product to CMN. The principal terms of the Copper Concentrate Sales …
Selling Metal Concentrates: Payable Metal, Treatment
Thus, only 67% of the value of the metal in concentrate is paid. Demonstrating that the net amount paid is often significantly lower than most investors realise. Further, the terms of any contract to sell concentrates are as important as the sale price. There are around a dozen terms of sale, and each can include up to a dozen services.
Copper concentrates
Copper concentrate is a product made by processing/enriching copper ore, which usually has a relatively low metal content and is not suitable for direct metallurgical processing. Usually, copper content in concentrate varies from percentages in the teens to several tens of percent, which enables further processing in copper smelters and refineries.
7 Calculation of the Net Smelter Return (NSR) of a …
analysis of concentrate contracts shows that the mines receive a percentage of the final price of the end product which fluctuates only within a certain range (see in Fig. 14b e.g. for Zn concentrates). For our estimates we can therefore work with approximate factors, i.e. in the copper example of Chap. 7.2.1 we replace the
Net Smelter Returns (NSRs) and alternative measures of the …
A Net Smelter Return (NSR) is a mine's net revenues less off-site costs. Three procedures for computation of the NSR of polymetallic mineralization are in common use: calculated values, "soft" estimates, and "mine-specific" estimates. Calculated NSRs are the actual NSRs realized by a mine. The calculated NSR of a block of mineralization is not an inherent …
KGL Resources signs offtake agreement with Glencore
KGL Resources Ltd has entered into a binding sales agreement with Glencore International AG for the sale of of the copper concentrate produced from KGL's high-grade Jervois Copper Project. ... However, this sale contract is conditional upon finance being secured by no later than 30 September 2025, or commercial production by no later ...
MMG Limited Secures Copper Concentrate Sales Deal
MMG has released an update.MMG Limited has entered into a copper concentrate sales agreement with Khoemacau Copper Mining Pty Ltd, marking a significant continuing connected transaction.
SOFT CORPORATE OFFER FOR COPPER CONCENTRATE
COPPER CONCENTRATE Copper Concentrate 16% to 30% Origin DRC Commodity: Copper concentrate from 16% up to 30% ... before they proceed in the Sale and Purchase Agreement (SPA) 2. Seller acknowledge Buyer's ICPO and issues contract (SPA) to Buyer open for amendment, ... contract, both parties lodge with their respective banks. 4. CIF price ...
Evaluation of net smelter returns in the South African …
charges are applied to account for elements in the concentrate that affect process recoveries or costs. For a copper concentrate this may take the form of: Deductions7 – The amount deducted from concentrate grades to calculate the metal paid for by a smelter, e.g. copper concentrates typically deduct 1.0-1.5 units (grade percentage points).
Copper concentrate benchmark structure at risk in current …
TC/RCs are discounts paid to smelters for turning copper concentrate into refined metal. Typically, the fees drop amid tight supply and increase in a well-supplied market. Most miners and smelters tend to follow an annually agreed benchmark number for their long-term contracts, which is set during supply negotiations between major Chinese smelters and …
Kamoa-Kakula Begins Exporting Copper …
Kamoa Copper began producing copper concentrate on May 25, 2021, and made its first delivery of bulk concentrates to the nearby Lualaba Copper Smelter, outside of Kolwezi, on June 1, 2021. Since then, deliveries of …
Feature: Tight copper concentrate supply set to weigh on …
Smelters were heard bidding at $40/mt for March loading clean concentrate, and one seller source expected smelters would soon lower bids to the high $30s/mt. Prior to the pandemic, TC/RCs -- the fees paid to smelters by mines for converting copper concentrate to copper cathode and a key revenue source for smelters -- were typically double that ...
Copper Concentrates
Copper concentrate is the first commercial product of the copper production line and is composed of approximately equal parts of copper, iron and sulfide. Concentrates are the raw material for all copper smelters, which by processing it obtain an impure form of metallic copper, anode or blister copper, which is later used to produce high purity ...
MMG Limited Secures Copper Concentrate Sales Deal
MMG Limited has entered into a copper concentrate sales agreement with Khoemacau Copper Mining Pty Ltd, marking a significant continuing connected transaction. The agreement, which includes negotiated terms comparable to market rates, covers sales for 2024 and 2025 and outlines delivery and pricing specifications.
Trade Review: Copper TC/RCs face further …
Concentrate charges are expected to bottom in Q3 before supply picks up again in Q4, sources said. Demand and supply of #copper concentrate is expected to grow in Q3. Do you think spot copper concentrate treatment …
Copper Concentrate Sales Agreement Sample Contracts
Copper Concentrate Sales Agreement • November 9th, 2012 • Thompson Creek Metals CO Inc. • Metal mining • New York
Contract General Terms For Copper Cathode
SPOT SALES CONTRACT for Copper Concentrate Contract Date Contract No. : : This Contract is made and entered into this 152 46 31KB Read more. B115-10 Standard Specification For Electrolytic Copper Cathode. Designation: B115 − 10 Standard Specification for Electrolytic Copper Cathode1 This standard is issued under the fixed
Deloitte | tax@hand
The contracts. The sales contract between CMPL and GIAG had evolved and changed from 1999 to 2007; we need to set out this history at least briefly since some of the amendments were argued by the Commissioner to be relevant to the issues on appeal. ... 2007 to 2009 might reasonably be expected to have agreed to a price sharing clause at the ...
CONTINUING CONNECTED TRANSACTION PRODUCTS …
On 5 April 2012, the Company entered into the Products Sale Framework Agreement with CMN in relation to the sale of copper cathode, copper concentrate, zinc concentrate and lead …
Copper Concentrate
4.3 Roasting of Copper Concentrate. One of the drawbacks of matte smelting is the production of large quantities of SO 2 that must be disposed of. One way to avoid this is to roast copper concentrate in the presence of lime or limestone, which captures the sulfur as CaS or CaSO 4. The aim is to produce metallic copper as one of the products ...
Copper Concentrates
Copper concentrate is an essential precursor to produce refined copper, which is utilized in numerous industrial and consumer applications around the world. Headquarters. Florida | USA. 54 SE 5 th Avenue, Suite 300 Delray Beach, FL 33483. Toll Free+1-877-423-0226. Phone+1-561-705-0350. Fax ...
The Copper Market, Treatment and Refining Charges
The tightness in the copper concentrate market is anticipated to persist in the first half of the year at least, putting the pressure on smelters. Though, there is an expectation of recovery in global mine supply in the second half of 2021 and with that also an increase in spot Treatment Charges, supply disruptions are still possible.
Copper Concentrate Prices: Impact on Negotiations
The main players in this process are the copper producers (mines), smelters that transform the concentrate into cathodes, and industrial buyers or traders who purchase the final product. Copper concentrate is a semi-finished raw material containing about 20-30% pure copper.It must undergo several stages of processing to be refined to 99.99% purity in the form of copper …
Copper Concentrate – Integral Global Resources Pte. Ltd.
The copper concentrate that IGR sells is based on wet metric tons (+ / – 10% at the seller's option). Delivery of the copper concentrate can be done on FOB or CIF / CFR basis. The price at which the copper is paid after assay analysis is the average of the London Metal Exchange (LME) "Grade A" prices for the quotational period published ...
CORRESPONDENCE
Each of our sales contracts provides that a 0.5% weight deduction will be applied to the delivered concentrate tonnage. In addition, our copper concentrate sales contract states that the buyer will pay us for of the copper concentrate after a minimum deduction of 2% of the final copper content, 95% of the final silver content and 95% of ...
Exhibit 10.1 PPC Agreement
Buyer is a processor of copper-bearing raw materials, involved in the purchase of copper concentrates and sales of refined metals.
Copper Concentrate Blending and Melting Prediction Based …
In this paper, a linear programming-based ore allocation model is established and solved for the composition of copper concentrate. Multiple targets are selected in the target setting, and multiple constraints are added to meet the conditions of the set copper-sulfur ratio, allowing the selection of different targets and constraints for the ore allocation calculation. 19 …
Copper Concentrate
The QCRM can also be used as a control sample in the analysis of samples of a similar type, verification of analytical methods for copper concentrate and as a calibration standard for the calibration of equipment used for analyzing similar materials.
Kamoa-Kakula begins exporting copper concentrate …
Kamoa Copper received all necessary authorizations from the DRC government to export copper concentrate and blister copper on June 8, 2021. The mine is on track to produce between 80,000 and 95,000 tonnes of contained copper in concentrate in 2021. In June 2021, Kamoa Copper elected to draw the US$300 million advance payment
Gold concentrate marketing 101
Some mines may produce a copper-gold concentrate, with significant levels of both metals. If sufficient levels of copper are contained, then the commercial terms for the sale of the concentrate can often follow the market for copper concentrates. This market was addressed in a previous contribution: Copper concentrate marketing 101.
TRADE REVIEW: China Q1 copper concs TC/RCs seen in
Platts, part of S&P Global, assessed daily clean copper concentrate treatment charges at a two-year low of $52.10/mt CIF China on Dec. 29 after slumping 39% year on year. The charges declined to $34.80/mt on Jan. 18 after normalizing for pricing from M+4 to M+3. M stands for the loading month. Smelters boost inventory in Q4
Copper Concentrate
SECTION 1. IDENTIFICATION. Product Name: Copper Concentrate Product Number: All applicable American Elements product codes, e.g. CU-M-02-CONC, CU-M-03-CONC, CU-M-04-CONC, CU-M-05-CONC, CU-M-06-CONC CAS #: Relevant identified uses of the substance: Scientific research and development Supplier details: American Elements 10884 …
COPPER CONCENTRATE SALES AGREEMENT
The annual quantity of Concentrate which Seller shall deliver and sell to Buyer, and Buyer shall receive and purchase from Seller (the "Annual Quantity"), shall be 30% of Annual …
Revenue Calculations and Marketing
By P.I. , with assistance from P.C. Wilson and A. Vogel For the economic evaluation of any mining project it is essential to determine a realistic value of the revenue derived from the sale of products. This applies at all stages of project evaluation through …