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Canada's copper potential beckons in lower-price scenario

Copper was trading at "unhealthily low levels" and well below incentive prices for new projects of US$3.20-$3.50/lb, Rexerro Capital principal John Hill said on a webcast this week.

Henry Lazenby
Kodiak Copper believes a January discovery at its MPD project in southern British Columbia has 'kicked the door wide open' for drilling this summer

Kodiak Copper believes a January discovery at its MPD project in southern British Columbia has 'kicked the door wide open' for drilling this summer

"I believe that long-term mining economics should determine pricing. As we look at these poor financial returns of the major copper mining companies, they're unable to cover growth capex, taxes and financing...

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