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Commodities Briefing - Categorized | Market Pulse, Metals and Minerals, Price Watch more

Base metals prices have fallen so hard that the mining industry is now faced with a problem

Posted on 03 February 2009

From Compareshares.com.au: Not too long ago base metals were the hottest of commodities. In their bull markets the prices of these industrial-use metals had soared to lofty heights to reflect the speculative risk premiums brought on by greatly imbalanced markets.

Copper, zinc, nickel, lead, and aluminum achieved staggering trough-to-peak gains of 574%, 523%, 1124%, 829%, and 151%!…. Full Article: Source


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VRS - who has written 36685 posts on Opalesque Commodities Briefing.


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