| Zinc and lead hit multi-year lows on Wednesday while copper steadied, having veered towards six-year lows earlier after a gauge of China's factory health showed ongoing weakness in the world's top metals consumer.
China's October factory output growth cooled to 5.6 percent, slightly lower than a Reuters poll forecast, though the figure was cushioned by a just-above-forecast 11 percent jump in retail sales. Global equities shrugged off the data, while copper steadied in afternoon trade after Zambia's Konkola Copper Mines, owned by Vedanta Resources said its Nchanga mine is making "unsustainable losses", responding to reports that the miner was set to close the operation...............................................Full Article: Source
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