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Friday, March 31, 2006

Is There Any Stopping Copper?

Is there any stopping Copper? Copper futures once again posted new all-time highs this morning, as continued tight supplies and tremendous speculative interest in the metals complex keep prices buoyant. A breakdown of a mill at Chile's Collahuasi copper mine is expected to cut 7,000 to 8,000 metric tons of production. This news comes on top of a strike at Mexico's La Caridad mine and potential labor unrest at the Kansanshi copper mine in Zambia. Read More....