Russian Share Sales May Reach Four-Year High on Mining Industry

Base Metals Investing

Bloomberg.com reports that mining industry stocks sales in Russia are reaching high levels, driving prices down.

Bloomberg.com reports that mining industry stocks sales in Russia are reaching high levels, driving prices down.

The story is quoted as saying:

Copper slid $186, or 2.1 percent, to $8,644 a ton on the London Metals Exchange. Lead, nickel, tin and zinc all declined on the LME. OAO GMK Norilsk Nickel, Russia’s biggest miner, decreased 0.5 percent to 5,897.66 rubles.

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