Monday, July 9, 2007

Peru's Stock Index Rises to Record on Mine Labor Talks, Led by Cerro Verde

(Bloomberg) -- Peru's main stock index rose to a record
on indications that the mining industry may avert a planned strike
and continue exploiting rising metal prices.

The Lima General Index, which consists mostly of commodity
producers, advanced 124.93, or 0.5 percent, to 23061.00 at 12:10
p.m. New York time, beating its May 9 high. Copper miner Sociedad
Minera Cerro Verde SA led the advance.


Read more at Bloomberg Stocks News

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