http://www.reuters.com/article/us-copper-deficits-m-a-idUSKCN0WC1M2
An expected global shortage of copper in years to come has thrown a spotlight on the value of mines that produce the metal, with scouts from private equity firms, trading houses and miners sniffing out potential targets.
Strong interest in good quality copper assets was recently highlighted by Sumitomo Metal Mining buying another 13 percent stake in Freeport-McMoRan's Morenci mine for $1 billion.
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Ann: 2015 Annual Financial Statements, page-74
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