Zincore Metals Inc. (TSX:ZNC) announced that it has entered into a strategic partnership with First Quantum Minerals Ltd. (TSX:FM) so that it can advance its Peruvian Dolores copper porphyry project.
Copper is key to Zambia's economic success, which needs Chinese investors. But workers are being abused at Zambia's Chinese-operated mines.
Copper took a big hit on Tuesday, losing 3.2 percent on the COMEX as Eurozone fears gained momentum. All of the six main metals traded on the LME fell, led by nickel. Copper for delivery in three months lost 2.5 percent to $6,735 a metric tonne on the London Metal Exchange.
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