Xstrata Says 2012 Profit Declined 37% on Weaker Prices, Costs

Xstrata Says 2012 Profit Declined 37% on Weaker Prices, Costs

Gianluca Colla/Bloomberg

Lake Zug is seen beyond the building that houses the headquarters of Xstrata Plc, left, in Zug, Switzerland. Xstrata, the fourth-largest producer of copper, began output at its $1.5 billion Antapaccay project in southern Peru in November.