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Agoracom
The Small Cap Epicenter
The Small Cap Epicenter
AGORACOM WIRE - FRIDAY MAY 25TH, 2012
FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.
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INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More
AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More
LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013 Read More | *SPONSOR
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Among other precious metals.
Spot Silver was bid at $18.58 an ounce against $18.59.
Platinum was at $1,451.50 an ounce against $1,454.50.
Palladium was at $370.50 an ounce against $369.
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Copper slips as dollar gains
LONDON — Copper fell on Tuesday as the U.S. dollar gained and copper inventories jumped nearly 5,000 tonnes, highlighting weak physical demand, but traders said there was scope for prices to rise due to robust investor interest.
Traders will watch macroeconomic data from major copper consumer the United States, due later in the day and including U.S. growth figures and consumer confidence.
Copper for three months delivery on the London Metal Exchange fell to $6,874 (U.S.) a tonne by 1011 GMT, versus $6,950 a tonne on Monday, when it rallied to $7,010 a tonne, its highest since September 2008.
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Among other base metals.
Aluminum fell $20 to $2,018 in light trade.
Nickel traded at $16,759 a tonne from $16,905.
Zinc at $2,244 from $2,272.
Lead at $2,360 from $2,410.
Tin was at $15,000 from Friday's last bid at $15,150
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