Base Metals Preview: Copper Jumps Near Rs 460 On MCX

MCX Copper futures jumped near Rs 460 levels- adding 2.60% on day amid excellent buying on mining worries. Relations between the worlds largest copper producer, Codelco, and unions in its Chuquicamata division have reached the lowest point in years as the mine transitions from open pit to an underground model that will use more automation and employ fewer workers- according to media reports yesterday.