Feb
24
CORRECTED-(OFFICIAL)-Anglo says to double copper output by 2017..
February 24, 2010 | Leave a Comment
(Company corrects year to 2017 from 2014 for when it expects to reach 1.2 mln tonnes output, in Feb 22 story) * Expects 2010 output similar to prior year * Forecasts higher output by 2017 SANTIAGO, Feb 22 - Global miner Anglo American (AAL.L) said Monday it expects to nearly double its output to 1.2 [...]
Feb
24
Freeport Indonesia aims to sell more copper concentrate locally…
February 24, 2010 | Leave a Comment
JAKARTA, Feb 24 - The Indonesian unit of Freeport McMoran Copper&Gold Inc said on Wednesday it is would sell more copper concentrate to a local smelter as required by a new mining law, but that talks with the smelter have stalled. Under the new law, miners must process minerals using their own facilities or by [...]
Feb
22
UPDATE 1-Anglo sees copper output at 1.2 mln T by 2014…
February 22, 2010 | Leave a Comment
10 output similar to prior year * Forecasts higher output by 2014 (Adds executive’s comment, share price and details) SANTIAGO, Feb 23 – Global miner Anglo American (AAL.L) said Monday it expects its total copper output to reach 1.2 million tonnes by 2014. Anglo’s copper business unit Chief Executive Officer John MacKenzie reiterated the company’s [...]
Feb
15
WRAPUP 1-Chile Jan copper export revs jump 111 pct, peso up..
February 15, 2010 | Leave a Comment
* Jan. copper export revs surge with metal price * Peso jumps 1 percent following the data SANTIAGO, Feb 15 (Reuters) – Chile’s copper export revenues CLCOPX=ECI more than doubled in January to $3.373 billion, the central bank said on Monday, lifted by a recovery in copper prices and boosting the local peso. The value [...]
Feb
15
Markets UK Markets US Markets Europe Asia Analysis Global Indices Market Movers Small Caps Upgrades/Downgrades Company Results and Outlooks Paper Tips Event Calendar Dividend Calendar Quotes Deals Small Business Global Industries Currencies Economy Green Business Portfolio Funds IFA Research Centre Personal Finance Analyst Research News Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Interactive TV Partner Services Career Centre Professional Products Financial Media Support (Customer Zone) About Thomson Reuters Investing Tools Top 10 Research Reports Daily Investor Update Zambia 2009 copper output rises 14 pct – c.bank..
February 15, 2010 | Leave a Comment
LUSAKA, Feb 15 - Copper output in Zambia, Africa’s top producer, rose 14 percent to 697,860 tonnes in 2009 versus 611,940 tonnes in 2008 the central bank said on Monday. The central bank said copper exports in 2009 increased to 675,384 from 587,125 tonnes the previous year. Cobalt production shot up to 5,879 tonnes last [...]
Feb
9
Inmet posts Q4 profit on higher prices..
February 9, 2010 | Leave a Comment
TORONTO – TSX-listed Inmet Mining earned C$89,76-million in the fourth quarter, compared with a net loss of C$32,5-million posted a year earlier, after copper and zinc prices rose and the company reduced operating costs. Sales for the quarter more than doubled year-on-year to C$290,57-million, compared with C$139,63-million in the same period of 2008, Inmet reported [...]
Feb
8
Avanco Resources unveils positive results for Rio Verde copper project feasibility..
February 8, 2010 | Leave a Comment
Perth-based Avanco Resources (ASX: AVB) has updated the market on its mine scoping study for the Rio Verde High Grade Copper Project in Brazil. Avanco says it is highly encouraged with results to date which illustrate the feasibility of a low cost, minimum risk project with a strong economic performance. The Scoping study on the [...]
Feb
2
Peru’s Southern Copper sees strong prices in 2010..
February 2, 2010 | 3 Comments
* Company sees 2010 copper prices at $3.25/lb * Puts 2010 copper estimate at 500,000 tonnes * Says to produce 18,500 tonnes of molybdenum this year * Still no restart date for strike-hit Cananea LIMA, Feb 2 – Southern Copper Corp, one of the world’s largest copper producers, said on Tuesday it sees average copper [...]
Feb
1
Xstrata 2009 coal output up 11 pct, copper falls..
February 1, 2010 | Leave a Comment
LONDON, Feb 1 – Mining group Xstrata Plc posted an 11 percent rise in annual output of coal, its most profitable product, while 2009 mined copper production fell by 5 percent. Coal is expected to account for 40 percent of core earnings this year while copper is due to make up 36 percent and zinc [...]
Feb
1
Zambia Jan-Nov 2009 copper production up – c.bank..
February 1, 2010 | Leave a Comment
Copper output in Zambia, the number one producer of the metal in Africa, rose to 636,528 tonnes from January to November 2009 versus 536,460 tonnes in the same period the previous year, the central bank said on Tuesday. Zambia’s central bank, the Bank of Zambia (BoZ), said in a fortnightly report copper exports also rose [...]