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Copper rises as supply risks mount

Copper prices rose on Friday, heading for their first weekly gain in nine weeks, on concerns that supply would tighten further as unionised workers at a Codelco mine decided to strike after a labour deal fell through.

Unionised workers at Codelco’s Chuquicamata copper mine, one of the world’s largest, said they would walk off their job beginning Friday after the firm did not meet their key requests, including health care, fair treatment and retirement benefits.

Metal Tiger Plc (LON:MTR) is a London Stock Exchange AIM-listed investing company primarily focused on undervalued natural resource opportunities. Metal Tiger provides financial and business support to companies to maximise the value of their natural resource interests and through this they aim to deliver significant returns for its shareholders.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.