Copper Falls to Two-Week Low

Bloomberg reported that copper pulled back on Tuesday, on news that Rio Tinto beat analyst estimates, suggesting a solid supply.

As quoted in the market report:

Copper futures for delivery in March lost 0.2 percent to $3.6255 a pound at 11:08 a.m. on the Comex in New York after touching $3.606, the lowest since Dec. 31.

To view the whole Bloomberg report, click here. 

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Copper Fox Metals Inc.

In 2014 Copper Fox Metals Inc. (TSXV:CUU) added approximately 1.8 billion pounds of copper as well as 140,000 ounces of gold contained within the Inferred resource category to its metal holdings. Connect with this company that’s on the move!Learn More
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