Sponsored Links

Chile Codelco Jan-Sept copper output 1.189 mln tonnes, down 5 pct

SANTIAGO | Thu Nov 22, 2012 8:45am EST

SANTIAGO Nov 22 (Reuters) - The world's top copper producer, Chile's Codelco, said on Thursday it produced 1.189 million tonnes of copper in the January to September period, down 5.0 percent year-on-year.

The state-run miner said profits before tax and extraordinary items jumped 27.3 percent during the period from a year earlier to $6.777 billion.

Codelco has said it expects to produce around 1.7 million tonnes of copper this year, slightly under 2011's levels as ore grades decline.

Comments (0)
This discussion is now closed. We welcome comments on our articles for a limited period after their publication.