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PROVISIONALLY PRICED SALES: (Tables)

3 Months Ended

Mar. 31, 2017

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, 2017:

		Sales volume (million lbs.)		Priced at (per pound)			Month of settlement
Copper		51.0		$	2.65		From April 2017 to May 2017
Molybdenum		10.4		$	8.85		From April 2017 to June 2017

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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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