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Anvil Mining Q4 Profit Falls on Lower Copper Production
Mar. 21, 2011 01:09PM PST
Base Metals Investing Reuters reports that Anvil Mining Ltd’s (TSE:AVM) quarterly profit fell 79 percent, as copper production fell nearly a fourth.
Reuters reports that Anvil Mining Ltd’s (TSX:AVM) quarterly profit fell 79 percent, as copper production fell nearly a fourth.
The market news is quoted as saying:
A dearth of supply, buoyant demand, low stocks and surging production costs are expected to help copper prices capture new records this year, a Reuters survey showed on Friday.