Antofagasta Centinela strike seen affecting copper prices
RBC analysts say a surprise strike at Antofagasta’s Centinela copper and gold mine in Chile could impact copper prices, with possible resolution within a couple of weeks.
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RBC analysts say a surprise strike at Antofagasta’s Centinela copper and gold mine in Chile could impact copper prices, with possible resolution within a couple of weeks.
The FTSE 100 is expected to open lower. Factors include HSBC planning job cuts, Shell evacuating workers from US Gulf of Mexico assets, potential strikes at Antofagasta's Centinela mine, rising oil prices due to supply concerns, and gold prices slipping ahead of Fed minutes.
Reuters preview for Sept 30 cites BP labour-contract plan at Whiting refinery, Antofagasta unions ready to strike, BoE policymaker Alan Taylor comments, Lloyds survey on business morale, UK vehicle output rebound, and commodity moves.
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