Copper and gold trade higher, and the Philippines want in the nickel game

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Copper soared finishing the week near $4.65 a pound. In another measure, copper broke through the magic $10,000 a ton level. Copper could face headwinds with Chinese manufacturers refusing to pay high copper prices. Reuters reported that the Philippines wants to add three more processing plants in an"effort to develop a downstream industry for its abundant nickel resources, after nations such as China and the United States expressed interest in the mining sector."

is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out:The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc.

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