1 May 2012
Mining giant Xstrata posted an 18% dive in first-quarter copper production as mines such as the Ernest Henry open pit in Australia ended their life before new projects were up and running.
Xstrata, which is in the process of merging with commodities trader Glencore, said it produced 171,121 tonnes of copper in the period. Shares in Xstrata rose 1.5p to 1179.0p.
