Mining Profits...Investing In Industrial Metals

Copper hit a new 11 month high on Friday and nickel and lead set new contract highs.

Concerns over supplies and inventories, as well as a decline in the US Dollar continue to buoy price.

Many markets in Asia were closed this week due to the May Day holiday thus reducing liquidity across the global markets.

Peru continues to be an area of concern as 30,000 mining workers remain on strike. The miner are demanding higher wages and will vote later today on extending the strike.