jueves, 18 de septiembre de 2014

Escondida surprise lights fire under copper price

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Latin America News Digest
Friday 19 September 2014
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News of labour action at world's largest copper mine sends red metal 2.6% higher.
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After 4% surge on Monday, benchmark prices resume slide.
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Capex of $164m for 116,000oz gold, 239,000oz silver over a 8.2 year life for Ana Paul mine in Guerrero gold belt, Mexico.
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Investors unhappy with $2 billion equity raising convinces world number three producer to drop restructuring plans.
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Up nearly 4% on Monday; rallying after weeks of intense selling.
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