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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
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Fcx Intl | LSE:FCX | London | Ordinary Share | GB0030756968 | ORD 50P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
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0.00 | 0.00% | 0.00 | - |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
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0 | 0 | N/A | 0 |
Base metals miner Sociedad Minera Cerro Verde SAA (CVERDEC1.VL) said it had a fourth-quarter loss of $100.4 million, compared with a $165.0 million net gain in the same quarter a year earlier.
The loss was mainly due to weaker revenues due to lower copper prices.
The company said that revenues totaled $26.1 million in the fourth quarter compared with $422.7 million in the same quarter a year earlier.
Cerro Verde is majority controlled by Freeport McMoRan Copper & Gold. (FCX) Compania de Minas Buenaventura SAA (BVN) and a subsidiary of Sumitomo Corp. (8053.TO) also have equity stakes in the company.
-Robert Kozak; Dow Jones Newswires; 511-9927 7269; peru@dowjones.com
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