Tuesday, July 12, 2011

Copper price rising on Chinese demand, Chile strike

The price of copper has been going up daily, reaching $4.41 a lb today. I suspect it's due in part to the news that Chinese demand is projected to rise by year end, and a one-day strike at the world's number one copper producer in Chile, that is raising fears about it spreading. [right, native copper. Credit, Rosemont Copper]

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