(Bloomberg) -- Copper climbed for a second day in London as stockpiles dropped and miners in Peru, the world's third-largest producer of the metal, went on strike. Zinc also advanced.
Miners in Peru began their first national strike in three years, threatening to disrupt global supply of metals such as copper and zinc, after weekend talks with the government failed. Inventories monitored by the London Metal Exchange fell for a 12th day, dropping 1,925 tons, or 1.2 percent, to 157,200 tons, the exchange said today in a daily report. Copper stockpiles have fallen 14 percent this year to the lowest since Dec. 1.
Read more at Bloomberg Commodities News
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