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Gold/Mining/Energy : Mining News of Note -- Ignore unavailable to you. Want to Upgrade?

To: LoneClone who wrote (66653)	8/31/2010 10:06:18 AM
From: LoneClone	Read Replies (1) \| Respond to of 194964

Chile July copper output up 6.3 pct yr/yr Mon Aug 30, 2010 1:33pm GMT af.reuters.com * Copper output 454,178 tonnes in July vs year ago * Moly production up 28.3 pct to 3,309 tonnes (Adds molybdenum output in fourth paragraph) SANTIAGO Aug 30 (Reuters) - Chile, the world's No. 1 copper producer, said on Monday its output of the red metal CLCOPP=ECI rose 6.3 percent to 454,178 tonnes in July from the same month a year earlier. In June, Chile's copper output dropped 0.6 percent to 465,033 tonnes from the same month in 2009, according to data released last month by the the National Statistics Institute. Big and medium-sized companies increased their output in July, mostly that of concentrate copper, which is used in everything from power lines to water pipes. Molybdenum output in July rose 28.3 percent to 3,309 tonnes while production climbed 3.5 percent to 20,109 tonnes in the January to July period versus last year. Chile's copper industry, the backbone of the South American country's economy, emerged unscathed from a Feb. 27 earthquake that killed hundreds of people and battered the wood pulp, fishing, fruit and wine industries. (Reporting by Fabian Cambero; Editing by John Picinich)