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Marina Schwarz

Strike at Escondida Likely, Will Push Copper Up

Marina Schwarz in Mining

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Marina Schwarz    + 1,576

Marina Schwarz

BHP and the Escondida labor union have failed to strike a deal, so chances are the biggest copper mine in the world is in for another strike, which is bound to boost prices further, in addition to falling inventories and despite weaker than expected economic data from China.

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Marina Schwarz    + 1,576

Marina Schwarz

Make that not likely but certain. They're now voting on when to start.

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