Goldman Sachs raises Q2/Q3 copper forecast
In a note published Wednesday, the bank upgraded its Q2/Q3 price forecast to $9,330-$9,150/t from $8,620-$8,370/t previously.
The underground portion of the Oyu Tolgoi copper-gold complex is no closer to fruition, after the parties behind the US$5 billion operation let a Sept. 30 financing deadline lapse without applying for an extension. “Based on the progress of negotiations,...
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