Article: Simsa to increase zinc reserves.

Peru, Mar 18, 2004 (Gestion/SABI via COMTEX)

The managing director of the mining company, Simsa (Compania Minera San Ignacio de Morococha), Mr. Humberto Montes, says that the company expects to increase by 1mil m tons the reserves in its San Vicente mine, by means of further exploration. Simsa also intends to increase its production of zinc by 37% this year, reaching a total of 72,000 m tons. The company had sales of 56.8mil soles in 2003, an increase of 60% over 2002's 35.3mil soles. The net profit was 21.9mil soles, but Simsa suffered a net loss of ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!