Copper loses its shine, for now

February 8, 2016

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Plunging copper prices have pushed the copper industry into a quandary, with global demand deteriorating to an even worse extent than many people realise, Bernstein senior research analyst Paul Gait told delegates at the 2016 Investing in African Mining Indaba this week. Gait noted, however, that copper was fundamentally scarce in an economic sense, as it was becoming harder to explore for copper and develop a mine.

Category: General