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Copper giants slide after EC raids

13 April 2012

SHARES in copper concentrate producers fell today as the European Commission revealed that it had sent inspectors to raid the offices of a number of British and Portuguese companies. Mining giants BHP Billiton, down 4 1/2p to 310 3/4p, and Rio Tinto, which slipped 23p to 1166p, both confirmed they were co-operating with the investigating officers.

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