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Commodity bust may claim Mexico copper firm

Tuesday, September 15, 2015 - 05:50

Santiago, US

COBRE DEL MAYO SA spent US$2.40 on every pound of copper it sold in the first half. With the price at US$2.45 and a US$12 million bond-interest payment looming, that's a problem.

A 64 per cent plunge in the price of the company's 2018 bonds this quarter shows investors

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