copper prices to rise

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CUU own 25% Schaft Creek: proven/probable min. reserves/940.8m tonnes = 0.27% copper, 0.19 g/t gold, 0.018% moly and 1.72 g/t silver containing: 5.6b lbs copper, 5.8m ounces gold, 363.5m lbs moly and 51.7m ounces silver; (Recoverable CuEq 0.46%)

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coolslug

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copper prices to rise

posted on Jan 15, 2013 02:46PM

Commerze Bank in Germany expects copper price to increase substantially this year.

"The firm sees London Metal Exchange copper prices rising about 10% from current levels, to average $8,850 a ton in 2013, and said copper could be one of the best commodity performers this year because of the expected economic growth."