Silver, copper eclipse gold as top metals bets on supply fears
Since bullion hit a record on Oct. 20, it’s moved mostly sideways, while silver has gained more than 11% to a fresh record and copper has climbed almost 9%.
Diving Chinese demand hits Canadian iron ore market
Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August. LIM also deferred about $52 million of planned capital investment to 2013 to preserve its cash...
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