This is an undated company photograph of Rio Tinto Group's copper mining operations at the Escondida mine in Chile, provided to the media on Jan. 21, 2008. Source: Rio Tinto Group via Bloomberg News
May 5 (Bloomberg) -- Chile's worst drought in five decades and power rationing from South Africa to China mean the price of aluminum, gold, copper and platinum will keep climbing as the lights go out in the world's biggest mines.
Those governments are being forced to choose whether to reduce power to their 1.4 billion residents or curtail energy supplies to the world's biggest copper, aluminum, platinum and gold factories. The energy used by China's aluminum smelters each week could provide enough power for more than 2 million people for an entire year.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aCUU6NbjPfmM&refer=us
May 5 (Bloomberg) -- Chile's worst drought in five decades and power rationing from South Africa to China mean the price of aluminum, gold, copper and platinum will keep climbing as the lights go out in the world's biggest mines.
Those governments are being forced to choose whether to reduce power to their 1.4 billion residents or curtail energy supplies to the world's biggest copper, aluminum, platinum and gold factories. The energy used by China's aluminum smelters each week could provide enough power for more than 2 million people for an entire year.
http://www.bloomberg.com/apps/news?pid=20601103&sid=aCUU6NbjPfmM&refer=us
