Northern Dynasty Minerals Ltd (NAK)

[alidare]

<Copper prices jumped to a four-year peak on Thursday as funds bet on strong demand in top consumer China and supply disruptions in top producer Chile leaving the market short of the metal used widely in power and construction.

Benchmark copper on the London Metal Exchange was up 0.3 percent at $7,264 a tonne at around 1215 GMT from an earlier $7,312.5, its highest since January 2014. It is up more than 30 percent so far this year.



"Funds are on a buying spree, but the timing and strength is surprising," said Quantitative Commodity Research consultant Peter Fertig. "Fundamentals are good. China is a growing economy, it will need more copper. The risk of strikes in Latin America due to labour negotiations is looming.">..............

https://finance.yahoo.com/news/graphic-copper-soars-4-high-122421407.html