Niewmismatic Error Coins

Malaysia Copper Medallion

The Sabah and Sarawak State governments approached Reynolds Metals Co. to study the feasibility of constructing smelter facilities at Labuan and Bentulu,respectively. Initial plans called for site examination for a 100,000-ton-per-year smelter and port facility and a construction schedule.

Copper.—Production from the Mamut porphyry copper mine managed by Overseas Mineral Resources Development (OMRD) Sabah Bhd. began in May 1975.



Malaysia Copper Medallion.Obverse.



Malaysia Copper Medallion.Obverse.

 OMRD Sabah is a joint venture between seven Japanese companies and Malaysian interests. Mine ore output capacity per day was estimated at 16,000 tons, grading 0.59% copper and 0.02 ' troy ounce per ton gold. Total production of copper concentrate grading 28% copper in 1976 was close to 78,000 tons
compared with the planned annual capacity of 120,000 tons. A shipping port constructed at Usukan Bay, 115 kilometers northwest of the mine, consists of a 9,000-ton-capacity stockyard, a 400-meter.~long jetty with 30-inch belt conveyors, and a platform with ship loader. At full capacity, sixty  dump trucks will be used to transport the copper concentrate from the mine site to the port. In 1976, 73,941 ' tons of copper concentrate, valued at $25.8 million, was shipped to Japan for smelting and refining.

Sabah. Mamut Mine.Copper Medallion.

Composition: Copper.
Weight        : 77.20gm.
Diameter     : 50.00mm
Thickness    : 5.00mm.