Copper rises on supply concerns, weaker dollar

Copper prices advanced on Tuesday as extended strike at Codelco’s Chuquicamata copper mine raised concerns about supply, while a weaker dollar also lent some support.

Workers at Codelco’s sprawling Chuquicamata copper mine in Chile, rejected the company’s latest offer over the weekend, having been on strike since mid-June to demand better healthcare and retirement benefits from the world’s top copper producer.

KEFI Minerals plc (LON:KEFI) is an exploration and development company focussed on gold and copper deposits, primarily in the highly prospective Arabian-Nubian Shield.

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