Thursday, May 24, 2007

Copper Gains in London on Falling Stockpiles, Strike Threat; Nickel Rises

(Bloomberg) -- Copper snapped two days of losses in
London as stockpiles fell to a six-month low and on speculation
about possible supply disruptions in South America.

Inventories in warehouses tracked by the London Metal
Exchange dropped for a fifth consecutive day, to their lowest
since November. Workers at two mines and a smelter in Peru
belonging to Southern Copper Corp. have threatened to strike next
month because of delays in wage talks, Dow Jones reported.


Read more at Bloomberg Commodities News

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