todays winner is ?, page-7

Some amazing pics of the recent landslide into Rio's pit.Thankfully no-one hurt as they anticipated the landslide and had already ceased mining.
This will impact global copper supply if the mine is closed for 6-12 mths (yet to be determined), whilst engineers repair & fix as this mine supplies over 200K tonnes of copper per year.
Upshot is the projected copper surplus for 2013 will pull back and copper price will kick up...CDU as an emerging miner will benefit along with other copper stocks.

Still a long way from the strength of Cudeco's business being fairly reflected in the sp, but this will change rapidly imo. One catalyst could be early production and sales of the coarse native copper from Cudeco's very own copper smelter / mine... :-)

Read more: http://www.news.com.au/business/breaking-news/landslide-shuts-rio-us-copper-mine/story-e6frfkur-1226619376240#ixzz2QF9x4TxJ

RIO Tinto has shut one of the world's largest copper mines in the US following a massive landslide.

The slide at the Bingham Canyon Mine pit wall on Thursday had been anticipated amid warning signs of ground movement since February and all workers had been evacuated unhurt by the previous day.

Analysts say the Utah mine is expected to represent about six per cent of Rio's expected profit this year.

Its suspension could hit its bottom line.

The company's first quarter production report is due next week.

The mine represents 17 per cent of the US's copper, producing 163,000 tonnes last year along with gold and molybdenum.