11:50 AM EST - Mercator Minerals Ltd. : announced its wholly-owned subsidiary Bluefish Energy Corporation has entered into a contract to purchase a LM6000 PF Sprint Gas Turbine from GE Packaged Power, Inc. The turbine will supply power for Phase II at Mineral Park and is scheduled for delivery at the end of November 2010. The gas turbine has a design capacity of 35 MW against the overall requirements of the Phase II operation at 50,000 tons per day of 57 MW. Mineral Park currently purchases approximately 25 MW from the grid. The turbine is expected to be fully operational by the end of the first quarter of 2011. Mercator Minerals Ltd.
shares T.ML are trading down $0.02 at $1.94.
