The Corporación Nacional del Cobre de Chile, Codelco reported that it has obtained a pre-tax profit of US$ 4.968 billion during 2008, with $104 million of that in the last quarter of the year, while the international crisis hurt prices for copper and other company products. For full story, click here
Copper futures are expected to open steady after pressure from negative data from the US was offset by US President-elect Barack Obama’s assurance to the markets, analysts said. For full story, click here
Zambia’s Lumwana copper mine has commenced pre-production tests and is stockpiling crushed copper ore in preparation for commissioning and final copper production this month. For full story, click here
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