14.01.2015 - Copper price slump may not yet be deep enough to cut much output
A slump in copper prices to their lowest in five years has pushed as much as a tenth of the world's miners into the red, but the market may not yet feel enough pain to trigger deep production cuts this time round. Prices on the London Metal Exchange pierced below $6,000 per tonne on Monday for the first time since October 2009, as the metal slid along with a relentless decline in oil prices and concerns about a growing metal surplus. Copper's 16 percent decline since July is the biggest since 2013...............................................Full Article: Source
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