查看更多>>摘要：Chile's copper production totaled 402,652 metric tons in May, down 3.3 percent from the same month a year ago, the National Institute of Statistics, or INE, said. Production deceased in May because some of the country's copper miners, in particular Codelco, Los Pelambres, Disputada de las Condes, Abra, Cerro Colorado and Mantos Blancos saw production fall during the month, INE said. Also, the El Indio mine closed down all together, INE said. Together, those operations account for 54 percent of all national copper output.
查看更多>>摘要：Japan's domestic sales of copper cable and wire products continued to slide in May from year-earlier levels but the 4 percent fall indicates a slowdown from declines seen earlier this year, the Japanese Electric Wire & Cable Makers' Accusation said. The association however said it is too early to predict whether sales will rebound soon. "We need at least a few months more to see the real trend," the association spokesman said. According to the association's June report, sales of copper cable and wire products are estimated to have fallen around 4 percent on year to a preliminary 61,800 tons in May.
查看更多>>摘要：China's biggest tin producer Yunnan Tin Co. Ltd. targets to produce 24,000 metric tons of tin this year-its normal yearly output target-following a production cutback last year, the company's spokesman said. "Last year was an exception because tin prices were very low. This year we plan to produce 24,000 tons as usual," the spokesman told. In June and July of 2001, Yunnan Tin reduced output by a combined 3,500 tons, which resulted in last year's total output of 20,500 tons.
查看更多>>摘要：No talks between workers and staff have been scheduled in strike by unionized workers at Canadian miner Noranda Inc.'s Horne copper smelter in Rouyn-Noranda, northwest Quebec, a company spokesman told. A conciliator has been appointed to contact all relevant parties. "The facility is still producing at well below 50 percent of capacity, and no meetings have been arranged, with it a public holiday in Quebec Monday," the spokesman said. Noranda declared force majeure on copper concentrates from the Horne smelter late.
查看更多>>摘要：Amar Raja Batteries has recorded a 21 per cent increase in turnover to touch an all time high of Rs 1.88 billion during the fiscal ended March 31 last as against Rs 1.55 billion in the previous fiscal. According to figures released by the company, the net profit however came down to Rs 182 million from Rs 205.3 million in the 2000-01 fiscal mainly on account of providing for deferred tax of Rs 45.4 million The board of directors has recommended a dividend of 35 per cent, same as that of the previous year. Commenting on the results, Ramachandra N Galla, chairman and managing director of the company said that it was significant that in a year beset with challenges, the company managed to buck the trend and register a 21 per cent growth.
查看更多>>摘要：Russian commercial banks will export about 125 metric tons of gold this year, 14 percent more than in 2001, Sergey Koshuba, head of the precious metals committee at the Association of Russian Banks, said in Moscow. Koshuba said out of this year's expected domestic gold output of 175 tons, the production of 125 tons would be financed by 50-55 commercial banks. "Practically all the gold purchased by commercial banks will be exported over the course of the year," he added.
查看更多>>摘要：Zinc failed to react to the news that Australia-based BHP Billiton is to accelerate the planned closure of its Pering lead and zinc mine in South Africa, with three-month metal holding around 780 dollars a metric ton. BHP Billiton now plans to shut Pering at the end of 2002 because of a poor zinc market, compared with previous plans to keep it operating through to early 2004. Market observers said a successful breach of the 790-800 dollars/ton resistance level is required in order for fresh upside momentum, although this looks unsustainable in the absence of further production cuts.
NSTL