Commodities - The Coming Bull Market Message Board

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Strategies & Market Trends : Commodities - The Coming Bull Market

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To: craig crawford who wrote (631)	7/28/2001 7:14:27 AM
From: craig crawford	Read Replies (1) of 1643

Thursday 26 July 7:22 AM Pasminco boosts output in Q4 au.dailynews.yahoo.com MELBOURNE, July 25 (Reuters) - Troubled Pasminco Ltd, the world's largest integrated zinc and lead producer, said on Wednesday it increased output in the June quarter, but weaker metal prices would offset any financial gains. .......................................................................................................................... The company said fourth quarter zinc and lead production rose seven percent on the previous quarter, and 18 percent on the same quarter a year ago for total production of 525,902 tonnes. ..................................................................................................................... A Pasminco spokesman said the fourth quarter production increases showed that the group's mines were quality assets which should fetch good prices. .......................................................................................................................... Pasminco has said several companies had expressed interest in its mines, and confirmed that Canada's Noranda Inc NRD.TO, the one company which has said publicly it might be interested, was among those in line.

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