Sumitomo Metal Mining Co Ltd (5713.T)
Latest Key Developments (Source: Significant Developments)
Nov 21 (Reuters) - NIKKEI::SUMITOMO METAL MINING WILL SPEND OVER 200 BILLION YEN TO SET UP A NICKEL SMELTER IN INDONESIA - NIKKEI.SUMITOMO METAL MINING IS CONDUCTING FEASIBILITY STUDY FOR FACILITY; TARGETING ANNUAL OUTPUT OF 40,000 TONS - NIKKEI. Full Article
Sumitomo Metal Mining Exec: Expect Copper Output At Sierra Gorda Mine To Increase To 101,000 Tonnes In Calendar 2018 From 97,000 Tonnes In 2017
May 10 (Reuters) - Sumitomo Metal Mining Co Ltd <5713.T>::SUMITOMO METAL MINING SAYS EXPECTS COPPER PRICES TO RISE TO $6,500/T IN FY2018/19, AGAINST $6,444/T A YEAR EARLIER.SUMITOMO METAL MINING SAYS EXPECTS NICKEL PRICES TO RISE TO $6 PER POUND IN FY2018/19 FROM $5.06 A YEAR EARLIER.SUMITOMO METAL MINING EXEC SAYS EXPECTS COPPER OUTPUT AT SIERRA GORDA MINE TO INCREASE TO 101,000 TONNES IN CALENDAR 2018 FROM 97,000 TONNES IN 2017.SUMITOMO METAL MINING EXEC SAYS EXPECTS COBALT PRICES TO RISE TO $35 PER POUND IN FY2018/19 AGAINST $30.64 IN FY17/18.SUMITOMO METAL MINING EXEC SAYS EXPECTS 14 BILLION YEN LOSS FROM SIERRA GORDA MINE IN FY2018/19.SUMITOMO METAL MINING EXEC SAYS HIGHER COBALT PRICES BOOSTED ITS FY2017/18 PROFIT BY Y19 BILLION AND WILL LIKELY INCREASE FY18/19 PROFIT BY Y5 BILLION. Full Article
March 26(Reuters) - Sumitomo Metal Mining Co Ltd <5713.T>:Says it plans to apply International Financial Reporting Standards (IFRS) as the new accounting method, to replace the current Japan-Generally Accepted Accounting Principles. Full Article
Sumitomo Metal Mining Co Ltd <5713.T>:Says the co's wholly owned subsidiary plans to sell three units, which are engaged in manufacturing of lead frames, to Jih Lin Technology Co., Ltd<5285.TW>. Full Article
LONDON Canadian mining company Teck Resources Ltd said on Tuesday it has agreed to sell a 30 percent stake in its Quebrada Blanca copper mine expansion in northern Chile to Japan's Sumitomo for $1.2 billion.