Commodity Trade Mantra

Posts Tagged ‘Copper Mine’

Is This The Final Week For The World's Largest Copper Mine?

The standoff between workers and owners of the world’s largest copper mine: BHP Billiton’s Escondida operation in Chile, came to a head last Friday. A resolution seems unlikely, given how far apart workers & management appear to be on labor demands – we could see Escondida shut down completely, very soon. That would almost certainly give a lift to copper prices.

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