Wednesday, July 11, 2007

Copper Gains in New York After Chilean Strike Halts Output for Second Day

(Bloomberg) -- Copper gained in New York after
production was halted for a second day at a unit of Codelco, the
world's biggest producer of the metal.

Codelco stopped output at its Andina division in central
Chile yesterday after a worker was injured by protesters throwing
rocks, the company said. The mine accounts for about 14 percent
of Codelco's production. Copper has gained 8.4 percent in the
last month amid labor unrest in major producing countries
including Chile, the biggest source of the metal.


Read more at Bloomberg Commodities News

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