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PROVISIONALLY PRICED SALES : (Tables)

3 Months Ended

Mar. 31, 2016

PROVISIONALLY PRICED SALES:

Schedule of provisionally priced copper and molybdenum sales outstanding

Following are the provisionally priced copper and molybdenum sales outstanding at March 31, 2016:

		Sales volume (million lbs.)		Priced at (per pound)			Month of settlement
Copper		141.0		$	2.19		From April 2016 to July 2016
Molybdenum		14.5		$	5.55		From April 2016 to June 2016

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- Definition

Tabular presentation of the amount of sales which are recorded at an average forward price, provisionally, pending the final prices in the future month of settlement.

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