Hindustan Copper Q1 Net Plunged 99.41%
Hindustan Copper Ltd has declared that its net profit has witnessed a huge slump of 99.41% during the quarter ended June 2009. For full story, click here
Hindustan Copper Ltd has declared that its net profit has witnessed a huge slump of 99.41% during the quarter ended June 2009. For full story, click here
India copper futures edged lower on Friday on continued profit-taking, as investors awaited U.S. jobs data to gauge the health of the U.S. economy. For full story, click here
Jiangxi Copper Company Limited announced that it estimates its net profit will dip in between 57% and 64% YoY in the H1 of 2009. For full story, click here
U.S. copper futures lost as much as 3 percent at the open on Thursday, as prices pulled back from 10-month highs and investors squared up positions ahead of key monthly employment data on Friday. For full story, click here
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
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
Southern Copper Corp, the leading copper producer in Peru and Mexico, posted a 68 percent dip in second-quarter profit on slumping metals prices. Rodrigo Suazo, a mining analyst at brokerage SAB Centura, stated: We expected a negative result with such a big drop in metals prices. For full story, click here
Rio Tinto, currently in the news because of Chinese government claims of bribery of steel industry executives by some of its executives there, is looking at a lower half year profit, judging by the June quarter and first half output review released yesterday. For full story, click here
Weakness in copper stocks on bourses was reflected in copper futures, which slipped by 1.97% in early trades today extending losses for the second day on the MCX following profit booking by the traders at higher levels. For full story, click here
Copper futures today slipped by 1.97 per cent in early trade, extending losses for the second day on the Multi Commodity Exchange, as traders indulged in profit-booking at higher levels amid a subdued trend overseas after the dollar strengthened. For full story, click here
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