Western Mining Co, China's second-largest lead miner, on Wednesday lowered its lead and zinc production forecast for 2008 after falling zinc concentrate prices cut first-half profits.
Western Mining expects to produce 54,300 tonnes of zinc, down from its initially planned 70,000 tonnes, it said. Lead output is expected to be 35,300 tonnes, down from the originally planned 65,000 tonnes.
If the miners are having problems making ends meet in china, think what that means for western producers
Zinc and lead should firm from here
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- very interesting for intec
very interesting for intec, page-31
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