Dear shareholder,
In an effort to keep you up to date on all pertinent information regarding the resource sector, please see the article titled; “Copper bounces to three-week high.”
Copper rose to a three-week high on Friday as the U.S. dollar fell and as reassuring data from Japan and the United States supported a potential pick-up in demand.
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AGORACOM Investor Relations
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Copper bounces to three-week high
Copper headed for 7.7 percent rise in May, fifth in a row
Rebekah Curtis
LONDON — Reuters, Friday, May. 29, 2009 06:42AM EDT
Copper rose to a three-week high on Friday as the U.S. dollar fell and as reassuring data from Japan and the United States supported a potential pick-up in demand.
Copper for three-months delivery on the London Metal Exchange traded at $4,765 a tonne at 0923 GMT, versus $4,755 on Thursday.
The metal used in power and construction hit a day's high of $4,790. Up nearly 8 per cent in May, copper is heading for its fifth consecutive month of gains.
