Copper market’s biggest whale fuels speculation of a major shift
The world’s single biggest buyer of copper, State Grid Corp. of China, has slowed its purchases of copper wire this year.
Sir Michael Somare PM of Papua New Guinea signed an affidavit accusing mining giant Rio Tinto of driving the war on Bougainville. Rio Tinto’s subsidiary, Bougainville Copper owns the Panguna copper mine which sparked the civil war on the island.