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Falconbridge eyes mid-2004 expansion at Collahuasi site.

Publication: American Metal Market
Publication Date: 23-OCT-02
Format: Online
Delivery: Immediate Online Access
Full Article Title: Falconbridge eyes mid-2004 expansion at Collahuasi site.(Compania Minera Dona Ines de Collahuasi SCM)

Article Excerpt
NEW YORK -- In a surprise move in a still-depressed copper price environment, Toronto-based Falconbridge Ltd. said it is prepared to resume plans to expand capacity at its 44-percent-owned Cia. Minera Dona Ines de Collahuasi SCM copper operation in northern Chile once the necessary government approvals are received.

Spot copper settled at $1,515 a tonne (68.73 cents a pound) Tuesday in official morning trade on the London Metal Exchange, a 2.9-percent increase from the average LME monthly settlement price of $1,471.74 a tonne (66.75 cents a pound) in December 2001, when...

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