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BMO copper outlook-‘It’s always darkest before the dawn’

Posted on 18 December 2008

From Mineweb.com: BMO says “virtually no unfunded project will begin in the next two years, owing to low prices and tight credit markets” while only a few fully-funded copper projects will meet their timetables.

BMO Capital Markets ‘ Bart Melek predicts the recession in the world’s highly industrialized nations is expected to erode copper demand and keep copper prices depressed “over at least the next year.”…. Full Article: Source


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