CAPITAL MARKETS

MMG profit slump

INCREASED costs have hit MMG's bottom line, with the base metal miner recording a 75% slump in fi...

Kristie Batten

Revenue was down 3% to $US1.2 billion ($A1.3 billion) due to lower zinc, copper and gold prices but profit dropped to $35.9 million from $144.5 million in 2012 due to a 15% increase in operating expenses....

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