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Copper Hits Record Above $11,000 on Bets That Shortage Looms

(Bloomberg) Copper surged to its highest-ever level, extending a powerful, months-long rally driven by financial investors who’ve piled into the market in anticipation of deepening supply shortages.Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeChina’s Housing Rescue Too Small to End Crisis, Analysts SayEven If Alito Is Right, the Upside-Down Flag Was WrongRescuers Found No Signs of Life at Ira

Copper Hits 14-Month High With Demand Rising and Supply Squeezed

Copper Hits 14-Month High With Demand Rising and Supply Squeezed
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

First Quantum Bonds Rally as Miner Works to Free Up Cash

First Quantum Bonds Rally as Miner Works to Free Up Cash
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

First Quantum Bonds Rally as Miner Works to Free Up Cash

(Bloomberg) First Quantum Minerals Ltd.’s dollar bonds have staged a rebound, recovering most of the losses they incurred amid a fallout with Panama over the company’s copper mine.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainMark Zuckerberg’s Wealth Surges by $27 Billion as Meta RalliesStock Bull Run Powers Ahead as US Economy Ro

Magnate forecasts shortage of copper

Copper is poised to follow other commodities upended by recent price surges as the mining industry struggles to expand ahead of accelerating demand, warns the man behind some of the world s biggest mines.

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