Strictly: Drilling II Message Board

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Strategies & Market Trends : Strictly: Drilling II

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To: Frank Pembleton who started this subject	11/30/2001 10:49:26 AM
From: Frank Pembleton	Read Replies (1) of 36161

Noranda reduces copper anode production due to weak copper market Gaspé Copper Smelter To Be Closed For At least Six Months TORONTO, Nov. 30 /CNW/ - Noranda Inc. announced today that it is closing its Gaspé copper smelter in Murdochville, Quebec at the end of April 2002 for a period of at least six months. The temporary closure is in response to a combination of economic factors that includes weak market conditions, high copper inventories, along with metal prices and concentrate treatment fees that are at their lowest levels in almost 14 years. biz.yahoo.com

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