Tuesday, May 22, 2007

Copper erases gains, lead hits new high

(Reuters) - Copper erased gains on Tuesday in a market reluctant to make big bets as worries swirled about demand from China, the top consumer of the metal, while lead hit a fresh record high.

Weakness in metal prices was reflected in mining stocks. London-listed miners such as Vedanta Resources, Anglo American, Rio Tinto, Xstrata and Kazakhmys either pared earlier gains or traded with slight losses.


Read more at Reuters Africa

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