Copper rose to a near eight-year high during morning trading on the London Metal Exchange on Wednesday January 6 on news about an output delay from the Las Bambas mine in Peru and anticipation over the results of the Georgia run-off senate elections.
Copper's three-month price climbed to $8,130 per tonne at 9am on Wednesday, a 1.6% increase from its Tuesday 5pm closing price of $8,002 per tonne.The copper price reacted to news out of Peru, where copper concentrate shipments from MMG's Las Bambas mine...