Serbian Copper Miner Plans 30% Increase in Copper Output in 2013

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RTB Bor, Serbia’s sole copper producer, plans to increase output by about 30 percent and post $7.27 million in net income next year.

The state-run company plans to produce 42,230 tons of copper cathodes as well as 917 kilograms of gold and 5.2 tons of silver next year, the company said in an e-mailed statement today. It gave no figures for this year’s gold and silver output or net income.