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Gold/Mining/Energy : Copper - analysis

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To: Angelo Ferraro who wrote (16)	2/27/1998 12:17:00 PM
From: RagTimeBand	of 2131

Several News Stories: Chile Escondida denies Coloso copper plant closure: Chile's Minera Escondida Ltda mining firm rejected reports on Friday that shareholders have decided to close its Coloso copper cathode plant. - Feb 27 8:26 AM EST biz.yahoo.com No recovery for copper until 2001 says Brook Hunt: Low copper prices will force a "necessary corrective phase" for copper producers but recovery is not due until 2001 according to Richard Wilson, joint managing director of industry analysts Brook Hunt. - Feb 27 5:32 AM EST biz.yahoo.com FOCUS-Copper continued rise still seen temporary: Copper prices on the London Metal Exchange (LME) continued their strong bounce from the 4-1/4 low seen earlier in the week but analysts remained unconvinced by the market's strength. - Feb 26 6:52 PM EST biz.yahoo.com

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