Copper extends its rally to top US$10,000 per tonne
Bloomberg
Copper topped US$10,000 per tonne for the first time since 2011, nearing the all-time high set that year as rebounding economies stoke demand and mines struggle to keep up.
Prices rose as much as 1.3 percent to US$10,008 per tonne on the London Metal Exchange, before slipping back to trade near unchanged. The metal hit a record US$10,190 in February 2011.
Copper was among the best performers last month, when metals from aluminum to iron ore surged to the highest in years.
The rally is being fueled by stimulus measures, near-zero interest rates and signs that economies are recovering from the COVID-19 pandemic.
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Oamaru plumber Tom Palmer is being called a hero after helping to chase and catch a fugitive wanted by police.
Tom Palmer s rugby league tackling skills came to the fore as a dangerous fugitive was apprehended in Oamaru on Wednesday. The former Wellington premier league player instinctively gave chase after the man fled a storage unit he was found in and was joined in the chase by Oamaru Self Storage director Lance Greaney. “I thought he was a homeless man. He was pretty quick. We caught him after about a 100 metre sprint as he slowed to climb a fence,” Palmer said.
The wanted man is believed to be Leslie McCreath, who has been on the run since December. Police had previously warned the public that McCreath was dangerous and should not be approached. He was known to have contacts in Oamaru, South Canterbury and Christchurch. A warrant to arrest McCreath had been issued for him on charges related to methamphetamine and firearms.
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Oamaru Self Storage director Lance Greaney was part of the duo to hold the wanted man. While at the storage unit to undertake some gas work on a couple’s caravan, Palmer and the couple noticed a window had been smashed.
Newmont Announces Results of Annual General Meeting of Shareholders
Includes naming Gregory H. Boyce as Independent Board Chair Today, Newmont Corporation announced strong shareholder endorsement for all proposals presented for vote at the Annual General Meeting with more than 90 percent voting support for each measure, including say-on-pay, as well as appointed Gregory H. Boyce to the role of Independent Chair of the Board of Directors. “I am pleased that Newmont’s shareholders … Includes naming Gregory H. Boyce as Independent Board Chair Today, Newmont Corporation (NYSE: NEM, TSX: NGT) announced strong shareholder endorsement for all proposals presented for vote at the Annual General Meeting with more than 90 percent voting support for each measure, including say-on-pay, as well as appointed Gregory H. Boyce to the role of Independent Chair of the Board of Directors.