aka,
Interesting article you quote from. There is plausible supposition in it but conjecture as well.
The copper price in Australian dollars is holding up well due to the Australian dollar weakness. Some pundits are saying it will go to 80 cents
The CuDeco website is currently down so I cannot quote the current figure. From memory, I think yesterday's was around the $7650 mark. The native copper is said to command a premium to this price.
The copper inventory at the London Metals Exchange continues to fall and is now at 415,425 tonnes.
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