Base Metals - It's still all about Chinese economic growth
Better Chinese economic data has prompted a turnaround in base metals prices following a weak start.The copper price is up one and a half US cents per pound ($/lb.) at $2.98/lb.; nickel has rallied over five cents/lb. to just under $5.00/lb.; both aluminium and zinc are unchanged at 91 cents/lb. and $1.42/lb. respectively and lead has also rallied, but is still down one cent/lb. at $1.12/lb.
Savannah Resources is a development stage company engaged in the multi-commodity development portfolio spanning heavy mineral sands in Mozambique, copper in Oman and lithium in Finland.
Whitman Howard is an independent institutional stockbroking and investment banking business focused on servicing the needs of our corporate clients and institutional investor base.
The company began trading in 2011 with a team of highly experienced market professionals and the goal of building a leading capital markets business in an entrepreneurial environment.
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