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Chile’s Codelco reports pre-tax profits of $380 mln in first half 2020, output up 4.7%

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Chile´s Codelco, the world´s top copper producer, reported on Friday pre-tax profits of $380 million in the first half of 2020, while direct cash costs plunged 9% amid the coronavirus outbreak, the company said.

The company said it had boosted production by 4.7% during the first six months of the year, to 744,000 tonnes. (Reporting by Dave Sherwood and Fabian Cambero).

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Akinola
Akinola Olusegun is a blogger and publisher of this blog, money247.com.ng. You can also check out his other blogs : segtv.com.ng (videos & news), letgoonline.com.ng (e-commerce), letgoonline.com.ng/blog (news) among others. Follow him via any or all of his social media pages to get fresh posts update.
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