By Leia Michele Toovey-Exclusive to Copper Investing News Speculation that the worst may be over, when it comes to the recession sent the price of copper above $2.00 a pound on Thursday for the first time since October. Stock indexes rose in Asia and Europe this week and were poised for gains in the U.S. [...]
Southern Copper Corp. reported their second quarter profits as 24 percent lower than one year ago. The Peru-based company saw the loss during a time of strikes and higher fuel and production costs. Grupo Mexico SA is a 75 percent owner of Southern Copper, which is one of the world’s largest copper producers, with mines [...]
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