Copper Rises as Strike at World’s Biggest Mine

Bloomberg reports that copper surged after BHP Billiton Ltd. canceled shipments from Chile’s Escondida mine.

The market news is quoted as saying:

Copper futures for September delivery rose 2.3 cents, or 0.5 percent, to close at $4.4695 a pound at 1:14 p.m. on the Comex in New York.

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