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Source: https://www.mining.com/web/codelco-reports-86-leap-to-1-124-billion-of-profits-to-september/
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Chile’s state-owned miner Codelco, the world’s largest copper producer, on Friday reported a 86% increase in its profit for the first nine months of the year on Friday, to $1.124 billion, amid an increase in production.
The company, which turns over all its profits to government coffers, said production rose 4% year-on-year to 1.165 million tonnes in the first nine months.
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Chile’s state-owned miner Codelco, the world’s largest copper producer, on Friday reported a 86% increase in its profit for the first nine months of the year on Friday, to $1.124 billion, amid an increase in production.
The company, which turns over all its profits to government coffers, said production rose 4% year-on-year to 1.165 million tonnes in the first nine months.
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