Copper-zinc exploration in the Flin Flon-Snow Lake VMS Belt

Recent Results Include 6.69% Copper Over 71.69 Metres and 3.74% Copper Over 21.77 Metres

Free
Message: Don't let the crooks win

Don't let the crooks win

posted on Sep 09, 2008 07:34AM

CORRECTED - UPDATE 4-Copper sinks to 7-1/2 month low as dollar firms

" Chinese prices have been supported by a recovery in demand
from consumers who had shied away from record high prices just
months ago, likely signalling a pick-up in lacklustre physical
copper imports by the world's top consumer of the metal.
 "Business has been limited by the Olympic and Paralympic
Games, but we expect demand to return and the comparative
strength in the third-month price in China is an indicator of
that return," said analyst John Meyer at Fairfax Investment
Bank.
 Initial data for refined copper metal imports in August is
due this week and is expected to show an increase at around
95,000-99,000 tonnes from 88,075 tonnes in July, which was a 16
percent gain on June. <0#MTL-CN-STAT>"
Share
New Message
Please login to post a reply