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News –LME copper hits highest level of two weeks

Peru’ Las Bambas copper mine will suspend operations from April 20 as poor local communities continue to demand more money from the mine. The mine accounts for 2% of global supply.

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Southern Copper mine one of Peru mine has been closed for six weeks because of a stand-off with protesters.

“New measures to stimulate the economy in China, as well as mining disruptions in Peru, are supporting copper and other metals,” said Amelia Fu, head of commodity strategy at One Futures.

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