U.S. Antimony Reports Strong Zeolite Sales


HOMPSON FALLS, Mont.–(BUSINESS WIRE)–United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported strong production at the Bear River Zeolite mine which increased from 3,072 tons in Q1:16 to 4,236 tons in Q2:16, an increase of 36.8%. Growth can be attributed to the new production line for granules and fines and increased sales.

Following are the sales estimates for June:

Product June 2016
Antimony pounds 290,541
BRZ zeolite tons 1,549
Gold from Australia ounces 83
Gold from North America ounces 21.59
Silver from North America ounces 8,222

Antimony production was slightly lower due to the startup of the recovery of gold from Australian concentrates. During the month of June, the Rotterdam price for antimony firmed from $6,150.00 per metric ton ($2.79 per pound) to $6,750.00 ($3.06 per pound) by the end of the month, an increase of $600.00 per ton ($0.27 per pound). The price is now approximately $3.15 per pound in the United States.

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