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IronKing2010

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05/01/15

19:40

Post #: 14539417
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Originally posted by Kalenn ↑

http://www.*****.com/news/2015-01-0...lls-in-Nov-on-copper-silver-tin-declines.html

"Peru mining output falls in Nov on copper, silver, tin declines
Cihan News Agency (Turkey)
Saturday January 03, 2015 7:00 AM
Peru's mining production fell 1.05% in November as copper, silver, tin and molybdenum output declined, the government said in a preliminary report.
Copper production dropped 3.6%, while silver fell 4.4% and tin slid 2.4%, statistics agency Inei said in a statement. Iron ore and molybdenum fell 16.6% and 13.5%, respectively. Copper, molybdenum and silver output were curtailed by a three-week strike at Antamina.
Gold output rebounded 2.5%, while zinc and lead climbed 11.8% and 5.6%, respectively, according to the agency.
Manufacturing led by steel and precious metals refining, which is tracked a month earlier, dropped 3.1% in October.
Peru's export earnings fell for the eighth month in 2014, dropping 10.1% to US$3.15bn in October, as commodities exports led by metals fell 16.8% to US$2.16bn , the agency said. Imports fell 5.6% to US$3.66bn , while machinery imports, mainly by the mining industry, fell 6.5% to US$1.15bn .
Government spending on infrastructure climbed 2.4% to 1.85bn soles ( US$639mn ) in October, according to Inei. The government in December promulgated a fourth economic stimulus package aimed at spurring growth and speeding up investment project permits.
Peru's economy is expected to expand 5% in 2015, compared with an estimated 2.8% in 2014 due to slumping metals prices and a decline in private investment, according to the country's finance ministry.
The country's mining industry, the world's third-largest copper and zinc producer, has lined up a US$62bn mining investment portfolio over the next decade, according to the energy and mines ministry (MEM)."

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People should stop too much cheers about this Stock by now. Where is the finance deal? Take sooo long. According to their last presentation, everything is in order but why finance is taking so long and no explanation from the Management yet.. Down record high, ASX high near record again. but bloody AVB still 7.5c. You guys don't dream too much about Phase 2.... blah blahh.. let them complete to sign the finance first... Please stop doing too much blah blah.. AVB has allergic with too much blah blah..

AVB Price at posting: 7.5¢ Sentiment: Hold Disclosure: Held
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