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Article: BRIEFING - ASIA MINING - SEPT 7, 2009.
- Article from:
- AsiaPulse News
- Article date:
- September 7, 2009
CopyrightCOPYRIGHT 2009 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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An executive briefing on mining for Sept 7, 2009, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.
S'TOMO METAL MINING'S PRETAX PFT NOW SEEN OVER US$536.6 FOR FY09
TOKYO - Sumitomo Metal Mining Co.'s (TSE:5713) consolidated pretax profit is now expected to top 50 billion yen (US$536.6 million), for the year ending March 2010, up roughly 60 per cent on the year and a sharp improvement from the previously projected drop of 66 per cent to 11 billion yen (US$118.05 million).
Rising prices for nickel, copper and gold are expected to be a major ...