Monday, April 30, 2007

Copper Falls in Asia as Production in Peru Unaffected by Mining Strike

(Bloomberg) -- Copper futures fell in Asia as China started a week-long holiday and a strike in Peru hasn't dented output of the metal.

A national strike by some mine workers in Peru including employees of Southern Copper Corp. and Doe Run Resources Corp. hasn't affected production, Labor Minister Susana Pinilla said yesterday. China, the world's largest consumer of copper, has a holiday until May 7.


Read more at Bloomberg Commodities News

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