03 enero 2007

Ante la caída de los metales, Boliden se cubre

Boliden AB, Scandinavia's only copper producer, extended its hedging program by two years through 2009 to secure funds for its 5.3 billion kronor ($780 million) expansion of the Aitik mine.

The company has sold 70 percent of its 2007 production at an average price of $6,394 a metric ton, Stockholm-based Boliden said today in a statement. Seventy percent of output in 2009 is hedged at $5,920.

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