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Posted AT 10:33 AM EDT on 11/04/05

Copper hits record

Globe and Mail Update

Copper futures hit a record $3,316 (U.S.) a tonne Monday on concern that demand will outstrip supply in China, the world's largest consumer of the metal. The rise boosted shares of some Canadian copper producers. Aur Resources Inc. rose 9 cents (Canadian) to $7.47 while Teck Cominco Ltd. gained 5 cents to $45.65. Northern Orion Resources Inc. rose 5 cents to $3.51. Canada is one of the top five copper producers in the world.

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