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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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Message: Copperprice expectations

Copper to fall back into the range between $9,500 and $10,000 – Commerzbank

March 08, 2022 01:56 GMT |  By FXStreet Insights Team

 

After moving between $9,500 and $10,000 per ton for more than four months, copper recently broke out of this trading range to the upside and marked a record high of around $10,850 per ton. Strategists at Commerzbank expect the metal to revert back to the mentioned range.

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