New Aussie base metals producer is certainly helpe
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Posted On: 03/06/2015 8:04:23 PM
New Aussie base metals producer is certainly helped by the Aussie dollar.
AUD 0.7716....... (0.7800)
Copper US$5746 becomes $7446 in Aussie....... ($7503)
Lead US$1806 becomes $2340 in Aussie....... ($2222)
Zinc US$2016 becomes $2612 in Aussie....... ($2644)
Tin US$18,100 becomes $23,457 in Aussie....... ($22,660)
Brackets indicate previous week's values.
Based on companies reconfirmed 2014 production guidance:
25kt of zinc = $ 65,300,000
6kt of lead = $14,040,000
2.5kt of copper = $18,615,000
Total = AuD$97,955,000
My thoughts are 75% of revenue but this is purely a guess. $73,466,250 in revenue???
Xinhua News Agency March 7, 2015 3:30am
LME base metals close mixed on Friday
Placard ENLARGE
(GlobalPost/GlobalPost)
LONDON, March 6 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) closed mixed on Friday.
The three-month unofficial copper price dropped 98 U.S. dollars, or 1.68 percent, to 5,746 U.S. dollars per tonne.
The three-month unofficial aluminium price lost 20 U.S. dollars, or 1.10 percent, to 1,794 U.S. dollars a tonne.
The three-month unofficial lead price increased 4.5 U.S. dollars, or 0.25 percent, to 1,806 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price lost 18 U.S. dollars, or 0.88 percent, to 2,016 U.S. dollars a tonne.
The three-month unofficial nickel price increased 112.5 U.S. dollars, or 0.79 percent, to 14,325
U.S. dollars a tonne.
The three-month unofficial tin price increased 100 U.S. dollars, or 0.56 percent, to 18,100 U.S. dollars a tonne.
http://www.globalpost.com/dispatch/news/xinhu...xed-friday
AUD 0.7716....... (0.7800)
Copper US$5746 becomes $7446 in Aussie....... ($7503)
Lead US$1806 becomes $2340 in Aussie....... ($2222)
Zinc US$2016 becomes $2612 in Aussie....... ($2644)
Tin US$18,100 becomes $23,457 in Aussie....... ($22,660)
Brackets indicate previous week's values.
Based on companies reconfirmed 2014 production guidance:
25kt of zinc = $ 65,300,000
6kt of lead = $14,040,000
2.5kt of copper = $18,615,000
Total = AuD$97,955,000
My thoughts are 75% of revenue but this is purely a guess. $73,466,250 in revenue???
Xinhua News Agency March 7, 2015 3:30am
LME base metals close mixed on Friday
Placard ENLARGE
(GlobalPost/GlobalPost)
LONDON, March 6 (Xinhua) -- The base metal prices on the London Metal Exchange (LME) closed mixed on Friday.
The three-month unofficial copper price dropped 98 U.S. dollars, or 1.68 percent, to 5,746 U.S. dollars per tonne.
The three-month unofficial aluminium price lost 20 U.S. dollars, or 1.10 percent, to 1,794 U.S. dollars a tonne.
The three-month unofficial lead price increased 4.5 U.S. dollars, or 0.25 percent, to 1,806 U.S. dollars a tonne.
Besides, the three-month unofficial zinc price lost 18 U.S. dollars, or 0.88 percent, to 2,016 U.S. dollars a tonne.
The three-month unofficial nickel price increased 112.5 U.S. dollars, or 0.79 percent, to 14,325
U.S. dollars a tonne.
The three-month unofficial tin price increased 100 U.S. dollars, or 0.56 percent, to 18,100 U.S. dollars a tonne.
http://www.globalpost.com/dispatch/news/xinhu...xed-friday
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