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Friday, April 19, 2024

Carmen Copper reports higher output

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Carmen Copper Corp., a subsidiary of Atlas Mining & Development Corp., on Wednesday reported higher copper production and shipments in the second quarter compared to the first quarter on improvements in metal grades and milling tonnage.

It said copper metal produced increased 43 percent in the second quarter while gold production went up 9 percent. With the improved performance amid the pandemic, the company sees business resilience as critical in sustaining the livelihood of its people.

“Our co-workers are our valued partners and are key to attaining sustainable operations. As the pandemic took its toll on jobs, we secured our employees’ livelihood. Ensuring business resilience will further support this goal. Moving forward, we will continue to focus on stable and efficient cost operations, product quality, accessibility and scale, and creating shared value through responsible stewardship,” Carmen Copper president and chief executive Roy Deveraturda said in a statement.

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