CAPITAL MARKETS

Growth and prices make for big Xstrata profit

THE good times for the minerals industry still has a way to go, according to Xstrata chief Mick Davis who predicts that while commodity prices will ease they are expected to remain above long-run averages for some years yet.

MiningNews.Net
Growth and prices make for big Xstrata profit

Reporting on its 2005 full-year results, the mining major finished on a high with profits up 60% to $US1.7 billion. Davis said Xstrata’s performance came on the back of higher commodity prices across...

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