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    copper investing

    Barrick Bid Suggests Copper Will be the New Gold

    Investing News Network
    Apr. 26, 2011 11:33AM PST
    Base Metals Investing

    Reuters reports that Barrick’s (TSE:ABX) $7.68 billion offer copper miner Equinox Minerals (TSE:EQN) explains the global demand for copper.

    Reuters reports that Barrick’s (TSX:ABX) $7.68 billion offer copper miner Equinox Minerals (TSX:EQN) explains the global demand for copper.

    The market news is quoted as saying:

    Both copper and gold prices have hit record highs this year — copper on the London Metal Exchange touched an unprecedented $10,190 a ton in February, while spot gold rallied to a record $1,518.10 an ounce as recently as Monday.

    Click here to access the entire news

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