Copper Futures Decline on U.S. Economic Data

Bloomberg reports that Copper dropped due to U.S. economic and political stalemate on the debt ceiling.

The market news is quoted as saying:

Copper futures for September delivery dropped 2.2 cents, or 0.5 percent, to $4.4475 a pound at 11:11 a.m. on the Comex in New York.

Nine Mile Metals Announces Certified Assays from DDH-WD-25-01 of 3.83% CuEq Over 22.65 Meters (39.52 g/t Ag, 0.96 g/t Au, 0.99% Cu, 2.25% Pb, 1.61% Zn) and 4.33% CuEq Over 17.65 Meters (42.5 g/t Ag, 1.01 g/t Au, 1.2% Cu, 2.62% Pb, 2.05% Zn) Including 1.21 g/t Au and 50.33 g/t Ag Over 13.00 Meters