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home / news releases / CPER - Copper Supply Grows Putting More Pressure On Prices


CPER - Copper Supply Grows Putting More Pressure On Prices

Original Post

By Stuart Burns

A growing copper supply is not exactly what copper producers wanted to hear, as a new mine with a 100-year life span has been announced.

Prices have been depressed all year, with worries about deteriorating trade and surplus supply weighing on sentiment.

Anglo American's ([[AAUKF]]) $5 billion copper project at Quellaveco in Peru could potentially hold enough reserves to supply a century of production, according to company CEO Mark Cutifani, as reported by the Financial Times.

The article reports the extensive ore body has so far only been

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Stock Information

Company Name: United States Copper Index Fund ETV
Stock Symbol: CPER
Market: NYSE

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