Copper 'megacycle' but production won't pick up until next year.

Australasian Business Intelligence,  April, 2007  

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Byline: Annabelle McDonald

Apr 01, 2007 (The Australian - ABIX via COMTEX) -- Copper production is expected to increase from as early as 2008, which could bring prices of the commodity down to $A3 a pound. Allan Trench, copper research manager for the Commodity Research Unit, predicts that copper prices should start to decline by December 2007, with the market going into surplus in 2008. Jorge Bande, of the Centre for Copper & Mining Studies, expects a large increase in copper production by the end of the decade. The new supplies are expected to come from Africa and South ...

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