'Australia's Macquarie Bank predicts a global copper supply deficit is looming this year that will take two years to correct, increasing its 2010/2011 copper price forecasts by two to three percent on Tuesday to $3,25/lb to $3,40/lb ($7 166/t to $7 500/t)'.
Full article that also refers to the severity of BHP's Olympic Dam shaft disruption & it's impact on Australia's copper exports.
http://www.miningweekly.com/article/australia-sees-copper-output-at-decade-low-2009-12-15
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