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copper investing

Anvil Mining Q4 Profit Falls on Lower Copper Production

Written by Investing News Network
|
Mar. 21, 2011 01:09PM PST

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.

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