HOMPSON FALLS, MT / ACCESSWIRE / September 6, 2016 / United States Antimony Corporation (“USAC”, NYSE MKT “UAMY”) reported the following sales estimates for August 2016:
BRZ zeolite tons
Gold from Australia ounces
During the month of August, the Rotterdam price per metric of antimony firmed from $6,950.00 ($3.15 per pound) to $7200 ($3.265 per pound) by the end of the month, an increase of $250.00 per ton ($0.113 per pound).
Antimony sales during August were up from July (173,498 pounds) due to greater raw material supply. Australian antimony concentrates will be finished by the end of 2016, but gold production will continue into 2017. Our Mexican mine production is being ramped up to provide smelter feed to Madero to replace the australian production. Australian gold production was off during August due to a lack of refractory supplies from India.