re: mine prod to drop to 0 from 40 percent You point out some valid facts Hadrian, but I think your time-line is inaccurate.
What do you base your "slowing demand" on? Everything I've read suggests that demand for copper is growing.
Expanding production wont really kick in until mid 2008 - there just aren't that many mines coming online until then. I think from about the start of 2009 is when copper prices will genuinly reduce so that the supply/demand is in equilibrium again, until then, I wouldn't be surprised to see copper substantially higher than where it presently is.
Persuader.
OXR
oxiana limited
