COPPER
Chile's state-run Codelco said on Friday that its copper output in the first quarter slid 11% from a year ago, as ore grades decline at its ageing mines, but an incipient recovery in copper prices boosted its profits.
Codelco, the world No 2 copper miner, said output in the three months to end-March was 390 000 t from its wholly-owned mines, and 416 000 t including its stakes in other deposits.
Please enter the email address that you used to subscribe to Research Channel. Your password will be sent to this address.
Don't have any login details?
Free Trial Access