The price of other industrial metals, such as copper, tumbled in 1997, as rising mine output hit the market at the same time that the economic slowdown in Asia reduced demand.
22.
In NEW YORK, copper dropped 1 . 9 percent to its lowest price in almost four years as weak demand from Asia and rising mine output pushed stockpiles close to 20-month highs.
23.
Stockpiles are still 45 percent lower than they were a year ago and demand is strong, yet expectations for further increases in inventories brought on by rising mine production is driving prices lower.
24.
Yet rising mine production and expanding refinery capacity could help replenish empty copper warehouse coffers and keep prices 5 cents to 10 cents lower than this year's average of $ 1.04 a pound.
25.
Yet rising mine production and expanding refinery capacity could help replenish empty copper warehouse coffers and keep prices 5 cents to 10 cents lower than this year's average of $ 1 . 04 a pound.
26.
The projected increase in supply during 1997 reflects rising mine production at both primary silver mines and at other mines, such as gold, copper, lead and zinc operations where silver is recovered as a by-product.
27.
Copper prices are also likely to fall in the coming months, extending their recent drop to a two-year low, as rising mine production and the specter of liquidation of Sumitomo Corp .'s holdings threaten to overwhelm demand, analysts said.
28.
Sinking, some conspiracy theories and unanswered questions on the sinking, including one ascribing responsibility of the sinking to a rising mine deployed during a joint US-South Korean Foal Eagle anti-submarine exercises, ought to be read " with a large pinch of salt ."
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