Red metal in the green

COPPER prices were boosted again last night with the spot price of the metal closing at $US7970 per tonne, up 1.8% from the night before, after a “volatile” session on the London Metal Exchange, with a possible strike in Chile providing even more impetus to the red metal’s gains.

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Commodity analysts at a major bank reported that the flagship mine of the world's largest copper producer, Codelco, was blocked by protesting workers who claim the company failed to meet labour

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