Jiangxi Copper Net Profit in H1 to dip by 64%
Jiangxi Copper Company Limited declared that it estimates its net profit will decrease by between 57% and 64% YoY in the H1 of 2009. For full story, click here
Articles Tagged "dip"
Jiangxi Copper saw 64% dip in H1 Profit
Jiangxi Copper declared that it has expected its first-half profit to slip 57-64 percent from the year-ago period due to a substantial dip of its product prices. For full story, click here
Anvil Mining posted Q1 loss as revenue sinks
Canada’s Anvil Mining Ltd. swung to a quarterly loss as the copper and silver producer declared a 98 percent drop in revenue due to lower output, one-off charges and suspension of operations at some mines. For full story, click here
India's Copper futures dip by 3 percent
India’s copper futures reported to trade lower by over 3 percent on Tuesday, following global peers, as renewed signs of global economic weakness pressured the red metal. Pranav Mer, an analyst with India Infoline, stated: We expect further correction in copper triggered by weak equity markets. For full story, click here
Armenian GDP fell as copper prices dip
Armenia announced that its GDP has fallen in fiscal 2008. Since the country copper prices have gone down, it may hamper country’s exports of copper. For full story, click here
