Another $231,000 banked for the week... It all adds up!
And using overnight LME (unofficial) figures, metals production is now once again over $100 million for the year (assuming current LME prices are paid for the entire year)!!!
AUD 0.7752....... (0.7775)
Copper US$6066 becomes $7825 in Aussie....... ($7840)
Lead US$1831 becomes $2361 in Aussie....... ($2267)
Zinc US$2083.5 becomes $2687 in Aussie....... ($2648)
Tin US$17,325 becomes $22,349 in Aussie....... ($22,241)
Brackets indicate previous week's values.
Based on companies reconfirmed 2014 production guidance:
25kt of zinc = $ 67,175,000
6kt of lead = $14,166,000
2.5kt of copper = $19,562,500
Total = Au$100,903,500.....................($99,402,000)
;-)
LME base metals lower mostly on Friday
LONDON, March 27 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) closed lower mostly on Friday.
The three-month unofficial copper price dropped 110 U.S. dollars, or 1.78 percent, to 6,066 U.S. dollars per tonne.
The three-month unofficial aluminium price lost 33 U.S. dollars, or 1.85 percent, to 1,755.5 U.S. dollars a tonne.
The three-month unofficial lead price lost 18 U.S. dollars, or 0.97 percent, to 1,831 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price lost 10 U.S. dollars, or 0.48 percent, to 2,083.5 U.S. dollars a tonne.
The three-month unofficial nickel price lost 360 U.S. dollars, or 2.63 percent, to 13,315 U.S. dollars a tonne.
The three-month unofficial tin price increased 50 U.S. dollars, or 0.29 percent, to 17,325 U.S. dollars a tonne.
English.news.cn
2015-03-28 02:01:21
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