Business Recorder
Mar 27, 2025
PRINT EDITION ►
BR MARKETS ►
Dollar to PKR ►
Home
Latest
BR Research
Markets
Ad
☰
✕
Home
Latest
BR Research
Markets
Business & Finance
World
Editorials
Opinion
MENA
Technology
Life & Style
Sports
Perspectives
Pakistan
Supplements
Print
Close the sidebar
Copper prices below $5,000 could threaten Zambian mines: minister
Abdul Ahad
15 Mar, 2014
Facebook
Twitter
Whatsapp
Facebook
Twitter
Whatsapp
Read Comments
![](https://i.brecorder.com/images/2014/03/copper-plus.jpg">LUSAKA: Zambian mines are still operating profitably despite the fall in copper prices but could be threatened if the price dropped below $5,000 per tonne, Mines Minister Christopher Yaluma said on Saturday.</P><P>Copper markets have been edgy over slowing Chinese demand and fears that credit upheaval in the world's second-biggest economy could unwind financing deals using the metal as collateral.</P><P>Benchmark three-month copper on the London Metal Exchange has been falling steadily since January and sank to a 44-month low of $6,376.25 on Wednesday.</P><P>)