CAPITAL MARKETS

Metals edge back

COPPER prices managed to hang on to modest gains in New York trading overnight, aided by reports of a threatened strike by copper miners in Peru and bargain hunters picking over the market after Wednesday’s big sell-off.

Tim Treadgold
Metals edge back

On the Commodities Exchange (COMEX) July delivery copper rose by US1.6c a pound to US$1.19/lb. The strike in Peru will mainly effect two mines operated by Southern Peru Copper but will probably not affect...

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