OUTCROP

Base metal prices on the move - but which way?

A sigh of relief this morning, no doubt, as you watched prices on the London Metal Exchange rebound after the debacle of the previous session. Actually, last night saw an initial and further down-thrust but the OPEC news clearly cheered everyone up as Wall Street went higher, and base metals prices sharply became positive. <i><b>The Outcrop</i>, by Robin Bromby</b>

MiningNews.Net
Base metal prices on the move - but which way?

Only the gold bugs would be down in the mouth this morning (and those miners dependent on diesel won’t be chuffed with oil prices heading upwards). Oh, and probably the iron ore chaps as well given that...

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