Africa output growth boosts Glencore Xstrata copper output
LONDON, May 6 (Reuters) – Miner Glencore Xstrata met market forecasts with a 24 percent increase in copper production in the first quarter of 2014 mainly due to output expansion at its African operations and to higher grades at its South American mines.
Glencore said the performance of its marketing division was overall “strong and in line with expectations” without elaborating further.
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