Codelco’s 1st-half earnings tumble 28%

Sep 03, 2013 | 12:16 PM | Carolina Guerra

Tags  Codelco, first half earnings, copper prices, Iván Arriagada, Carolina Guerro

SÃO PAULO — First-half earnings fell at Corporación Nacional del Cobre de Chile (Codelco) due to lower metal prices and higher costs.

The Chilean state-owned copper producer posted pre-tax profits of $1.8 billion, down 28 percent from $2.51 billion in the first six months of last year.....

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