The Cozamin Mine is an underground mining operation that commenced in 2006. Cozamin Mine concentrate production is primarily copper with significant by-product silver, lesser amounts of byproduct zinc and lead concentrate and small amounts of by-product gold credits. The copper concentrate is delivered by truck under an agreement to major trading companies in Manzanillo, Mexico. Depending on market conditions the copper concentrate is sold under an annual or multi-year agreement. Similarly, the zinc and lead concentrates are sold under annual tenders or multi-year agreements and delivered by truck to Manzanillo or local Mexican smelters. |