Copper Rises to Six-Week High as Strikes Squeeze Stockpiles; Zinc Advances

(Bloomberg) -- Copper rose to a six-week high in
London on speculation strikes may put a squeeze on supplies as
inventories of the metal shrink. Zinc and nickel also advanced.

Copper stockpiles monitored by the London Metal Exchange
fell 2,100 metric tons, or 1.8 percent, to an eight-month low of
112,600 tons, the exchange said today in a daily report. Labor
disputes may curb production at mines in Chile owned by Codelco,
the world's biggest copper producer, while a strike is looming
at Dona Ines de Collahuasi, the country's third-largest mine.


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