Angus MacMillan Quotes (9 Quotes)

Mine production is nowhere near what we thought it would be at the start of the year.

There are good fundamental reasons that mean copper prices won't come down in the near term. A series of potential supply disruptions have not resulted in the loss of much metal, but with stocks falling at a time when demand usually picks up, no one will (sell) it.

They're suspended on a system of ropes, so catch the waste before it reaches the seabed. As we harvest them, they're tested to see how much of the waste nutrients they're absorbing. The seaweed is there to absorb dissolved nutrients and the shellfish to dispose of particles.

I wouldn't want to put a top on it at the moment. It has still got a lot of wind in its sales.

That would mean using a lot of electricity to pump sea water ashore and round the tank system. That would probably contribute to global warming. The fish would not strictly speaking be in its natural environment, because it would not be in the open sea. People want to produce food cheaply and this would simply increase costs by a huge amount.

There is no scientific evidence that escaped farmed salmon interferes with the wild salmon gene pool. Wild salmon have been breeding for thousands of years and have survived. Farmed salmon have been bred for 30 years and it is unlikely that they are going to overpower the wild salmon gene pool. We are not in business to let salmon escape our business depends on keeping them in the cages. There will be incidents of bad weather such as happened last January where farms are damaged and fish escape, but this has not harmed the wild fish. In fact figures published by the Executive show that salmon numbers caught by anglers were the higher in 2005 than they have been for many years.

The fundamentals have become superfluous. None of the metals would be where they are today without the influence of fund buying.

In recent months we have seen a whole different type of fund come in. Myself and a number of my colleagues who have been in this business for years have never seen anything like this.

We've long been aware of the environmental responsibilities you've got when you're in this kind of business. We only feed the salmon shrimp meal, and as far as stocking density's concerned, only one per cent of the volume of the cage is fish.