New non-executive director appointed

Company News

by Jessica Amir

Mineral miner, CuDeco Limited (ASX:CDU) has announced the appointment of new non-executive director, Wang Chinwei.

He was previously the Vice President of the largest copper producer in China, Jiangxi Copper Corporation. 

CuDeco Limited also says its seeing increases in production with its copper shipments also gaining momentum.

Cash receipts on shipment sales were US$16.5million year to date to 31 December 2016.

CuDeco Limited reported a net loss of $127.2 million at 30 June 2016.
 

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