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Copper sales climb beyond BCL-era levels

Friday, August 18, 2023 | 570 Views |

Glory days: BCL Mine was the country’s chief base metals producer prior to 2016

Local copper exports continue to ride the wave of growing international prices, with sales in the first quarter reaching P1.4 billion, the highest quarterly earnings since 2016.

The last time copper earnings got close to reaching the exports seen in the first three months of this year, was in the second quarter of 2015 when sales stood at P1.2 billion.

That period marked the beginning of a global copper price meltdown that eventually pushed BCL Limited into liquidation in October 2016.

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Copper sales climb beyond BCL-era levels

Local copper exports continue to ride the wave of growing international prices, with sales in the first quarter reaching P1.4 billion, the highest quarterly earnings since 2016.

Gov't moves to close tax gaps

Chief judge promises fairness at tomorrow's Miss Botswana finale

High pressure mounts on fuel prices

We respect AFCON final decision – Babitseng

Court blow rocks BPF leadership

BPF moves to rebuild unity-Lucas

‘Reatile, Ookeditse deal was gentleman’s agreement’

Branch fires early warning shot as Portugal fuels title push

A promising step for public schools, but...