Still, copper prices were back under pressure despite a short-lived bounce off 18-month lows Thursday.
In copper, speculators switched back to net-short positions for the first time since Nov. 27.
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Copper bulls and bears are back on a level near-term technical playing field.
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The big news out of the energy patch today is that Freeport-McMoRan (NYSE: FCX), the largest U.S. copper miner, is getting back into the energy business in a big way.
Copper bulls and bears are now back on a level near-term technical playing field.
Copper bulls are fading and are now back on a level near-term technical playing field.
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Lately, everything has dropped, from copper and oil to zinc and silver, but step back a moment.
Back in the day the plain-old-copper land networks were self powered and seldom failed.
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This really was the case, absolutely so, back in the days of the main network being copper rather than the fibre optics we use today for those main cables.
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"The law was put on the books back in the '70s when we were using the copper-wire telephone, " he said.
Copper's availability is also a relief for Wales for another reason, team manager Alan Phillips revealing back-up squad scrum-half Martin Roberts had a groin problem last week.
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