Not surprisingly the negative economic data saw copper come off 17 cents to close at US$4.30/lb for the week.While I am bullish on metals, surging energy prices certainly have the potential to negatively impact resources earnings, with Evolution Mining (ASX:EVN), Newcrest Mining (ASX:NCM) and Oz Minerals (ASX:OZL) particularly exposed.
the above is only an extract from the whole article
Guy on Rocks: The junior resources sector is down 40-50pc from recent highs. Buy the dip? - *
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