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"Stocks at LME still rising after mine closures, thats a bit of...

  1. groundzero
    29,310 Posts.
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    01/09/08
    10:17
    Post #: 4215386


    "Stocks at LME still rising after mine closures, thats a bit of a worry !!!"

    Most mines have heaps of ore on the "pad" to process even after mining ceases.Sometimes milling continues for up to a year.It will take time for the closures to have an impact.

    Are there any new mines expected to come on stream in the near future? Hopefully not.

    GZ
    MRE Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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