Even as fears of an American slowdown spur concerns about the overall strength of the global economy, commodity prices continue to boom. This paradox of booming commodity growth is due to emerging markets, where economies are still expected to grow quickly (even if a slowdown crimps that growth somewhat). While many speculate that oil prices are in a speculative bubble, not all commodities are quite so frothy. Copper prices pulled back from all-time highs over the last month but have begun to rebound.

Copper stocks like Freeport McMoRan (NYSE: FCX - News) and Southern Copper (NYSE: PCU - News) have posted modest gains in 2008, in contrast to the outsized gains seen by some other commodity stocks. A bull case for copper rests on the fact that the stocks are trading at lower valuations and that the revenue base of these companies is relatively disconnected from the developed economies of the world and consequently a safe haven for investors during this time of uncertainty. Meanwhile, emerging markets like China and India continue to experience building booms that require copper pipes, wiring, and other products.

The rest of the article simply names a few of the big miners...if you would like to read: