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Taking a pounding today

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Contributor
Metorex is taking a pounding today, 7% down for the day so far. Are there any underlying reasons?
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Super Contributor
Yep copper prices are in decline.
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Super Contributor
there is also a report by Barry Seargent on the Moneyweb site, about renegotiation of contracts in the DRC - this may have something to do with the decline. He does mention that MTX should be watched as it is possible that their Ruashi contract may have to be re-negotiated. http://www.moneyweb.co.za/mw/view/mw/en/page66?oid=169240&sn=Detail
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