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.
hina’s Minmetals Resources announced Tuesday, “Following the announcement yesterday by Equinox that it will recommend that its shareholders accept an offer it has received from Barrick Gold Corporation of C$8.15 per share, MMR has decided not to pursue its planned bid for Equinox.”
