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Copper price sinks as new covid variant spooks markets – MINING.COM – MINING.com
A new and possibly vaccine-resistant coronavirus variant found in South Africa shook market sentiment.
LME aluminium lost 4.2% to $2,601 a tonne, zinc shed 3.1% to $3,197, lead was down 0.4% to $2,261, tin eased 0.5% to $38,600 while nickel ceded 3.7% to $19,895.
Shares in copper and base metals-producing miners reflected the slide. BHP Group fell 3.1%,…
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