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Global Copper Output Inches Higher with Record Prices
Mar. 04, 2011 07:03PM PST
Base Metals Investing Reuters reports that the world’s biggest copper miners to increase output for a third consecutive quarter late last year.
Reuters reports that the world’s biggest copper miners to increase output for a third consecutive quarter late last year.
The market news is quoted as saying:
Production restarts and expansion projects by 11 of the biggest publicly listed miners helped to boost output 2 percent in the fourth quarter, corporate reports showed last month. The figures exclude Chile’s state-owned Codelco [CODEL.UL], which accounts for around 11 percent of the world’s mined copper.