In today's Austrayln, in a report about the crisis in Chile,...

In today's Austrayln, in a report about the crisis in Chile, where their hydro electric dams are too low to produce the required power for the copper mines etc,

"Oxiana managing director Owen Hegarty said that although the spot price would remain high, the industry was being plagued by capital cost increases that would ruin the chances of many smaller explorers getting into production.

Cost blowouts for bringing new copper mines on-stream have already blown out by an average of 75 per cent. "Demand is the perfect storm but supply is the perfect nightmare," Mr Hegarty said."

OH has developed a wonderful turn of phrase - I reckon he migh give KRudd a run for his money.