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Massive Quake In Chile Sends Copper Prices To 3-Week Highs
Wednesday, April 2, 2014 - 1:05pm | 510The massive earthquake that rocked the northern part of Chile, the world's leading copper producer, also shook up copper prices; briefly sending them to three-week highs. Copper rose to $6,728.75 per metric ton on the London Metal Exchange on Wednesday, its highest level since March 11. The...
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Chilean Mines Back To Shaky Start
Monday, March 1, 2010 - 4:25pm | 126Mines and seaports in Chile are making a valiant attempt to resume operations two days after a devastating quake hit the country. The price of copper had jumped 5% when markets opened, owing to nearly 20% of mining capacity being affected by the quake. State-owned Codelco’s largest mine was up and...