SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Commodities - The Coming Bull Market -- Ignore unavailable to you. Want to Upgrade?


To: Stephen O who wrote (928)11/13/2001 4:56:32 PM
From: Stephen O  Respond to of 1643
 
Chile's Escondida Copper Output Falls 14% in October (Table)

Santiago, Nov. 13 (Bloomberg) -- Chile's Escondida copper
mine, the world's largest, produced 14 percent less fine copper
in October compared with a year earlier, Minera Escondida Ltd.
said.
Gold output rose 3.4 percent. Following is a table with a
breakdown of metric tons of fine copper and cathodes produced,
and gold production in ounces.

*T

Oct. 01 Oct. 00 YTD 01 YTD 00

Concentrates 50,210 62,150 N/A N/A

Cathodes* 13,024 11,850 N/A N/A

Fine Copper Total 63,234 74,000 674,839 787,640

Gold** 10,476 10,129 83,132 106,186

*T

* Almost 100 percent pure copper.
**All figures in ounces.

Escondida is owned by Australia's BHP Billiton Ltd., which
has a 57.5 percent stake in the mine. London-based Rio Tinto Plc
owns 30 percent, and a group of Japanese companies headed by
Mitsubishi Corp. owns 10 percent of the mine. The World Bank's
International Finance Corp. owns the remainder.

--Michael Smith in Santiago (562) 638-4732, or
mssmith@bloomberg.net, or the New York newsroom (212) 318-
2730/lm