Latest copper TC/RC deals in line with benchmark

Nov 23, 2004 | 09:44 AM | Julie Bresnick

Freeport-McMoRan Copper & Gold Inc., New Orleans, and Japanese smelters have settled on treatment and refining charges (TC/RCs) for copper concentrates in 2005, market sources confirmed.

The TC/RCs reported by traders ranged from $83.50 a tonne/8.35 cents a pound to $85.35/8.535 cents. The numbers for gold refining varied, too, from $3 an ounce (a $1 decline from the 2004 gold refining....

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