Pre-tax profit for Chile's Codelco slumps sharply in first quarter

Kitco Media
By Reuters
Published:
Updated:
Reuters
May 2 (Reuters) - Chile's Codelco, the world's largest copper producer, on Tuesday posted a 73% drop in its pre-tax profit for the first three months of this year, landing at $418 million. The state-owned miner said output totaled 326,000 tonnes, down 10.4% from the same period last year. (Reporting by Carolina Pulice and Marion Giraldo; Editing by David Alire Garcia)

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