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