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Codelco: 2011 Pre-Tax Profits Climbed 21% to $7.033 Billion
Mar. 23, 2012 01:25PM PST
Base Metals Investing Reuters reported that Corporación Nacional del Cobre de Chile, Codelco, announced its 2011 pre-tax profits climbed 21% to $7.033 billion.
Reuters reported that Corporación Nacional del Cobre de Chile, Codelco, announced its 2011 pre-tax profits climbed 21% to $7.033 billion.
As quoted in the market news:
Codelco produced a record 1.735 million tonnes of copper in 2011, up 2.7 percent from 2010, as output increases in its Radomiro Tomic, Andina and Gaby mines offset production slumps in century-old Chuquicamata, Salvador and El Teniente, the firm said in a statement to the country’s regulator.
