BUZZ-Freeport-McMoRan, Teck Resources: Copper prices hit two-month highs

Fri Mar 20, 2015 2:33pm EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

** Freeport-McMoRan Inc shares up 7.3 pct, Teck Resources Ltd's U.S.-listed shares up 6 pct

** Copper prices jump to two-month high after Chinese inventories fell for the first time in two months, a signal that demand in the top metals consumer is slowly recovering after a holiday

** Three-month copper on the London Metal Exchange rose 3.3 percent to close at $6,045 a tonne, after rising as high as $6,082.50 a tonne, the highest since Jan. 12