31. But widespread anticipation that the mine might shut down has been partly responsible for a recent rise in copper prices. 32. Chile is also the largest copper producer in the world, and its economy stands to be hit hard by a plunge in copper prices. 33. Chilean stocks rallied for a ninth day on speculation that rising copper prices would boost the peso against the dollar, attracting foreign investors. 34. Chile has been hit hard by falling copper prices. 35. Chilean stocks rallied to records as heavy rains boosted shares in hydroelectric utilities and rising copper prices bolstered mining stocks. 36. Chile posted a wider than expected trade deficit in December, as spending on consumer goods and other imports surged while plummeting copper prices ate into export revenue. 37. Cobalt and copper prices could fall, he said, the latter because a number of new copper mines have been opened recently. 38. Colorado stocks rose as Cyprus Amax Minerals Co. advanced on higher copper prices and a surge in cyclical issues. 39. Cominco said the improved profit reflects higher zinc and copper prices as well as higher sales of refined copper, copper concentrate and ferronickel. 40. Company officials attributed the increase to a decline in copper prices after it disclosed the unauthorized trading in mid June. |