MMG Ltd's Las Bambas copper mine in Peru will shut down copper production by mid-December due to a road blockade, it said on Friday, as executives urged the government to build a freight rail link to avoid similar disruptions in future.
Indian shares reversed course to trade lower on Friday as losses in pharma stocks overshadowed gains in energy and banking names, while concerns around the detection of two cases of the Omicron coronavirus variant in the country further weighed on sentiment.
London copper eased on Friday, hit by Asian stock markets turning risk averse on concerns over Sino-U.S. ties after ride-hailing giant Didi announced delisting in New York and signs of rising inventories in top consumer China.
Canada's main stock index opened higher on Friday, aided by energy stocks as oil prices jumped nearly 3%, with upbeat earnings from Bank of Montreal further boosting sentiment.
European shares fell on Friday, hitting session lows after a downturn in U.S. stocks on a tech slide and fears around the Omicron coronavirus variant hitting economic recovery.