Strikes are bad for business, so it’s debateable how long mining investors will continue to applaud the stoppage at the world’s biggest copper mine that is keeping shares of mining giants BHP, Rio, Glencore, Anglo and others aloft.
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Although the polls suggest that Clinton and the Democrats could still take the White House, the polls have narrowed in recent days, which must be worrying for the Clinton camp. This is being reflected in the financial markets, where the stock markets have been stuck in a directionless range (see more below), and Treasury yields have broken back above the key 1.8% level.