Goldman Sachs analysts said the current price strength “is not an irrational aberration” but rather “the first leg of a structural bull market in copper.”
"There'll always be investors wanting to get in early, but the junior market would only really start to benefit once majors instil investor confidence."
A month after Anglo completed the sale of Mantos Blancos and Mantoverde copper mines in northern Chile, analysts are calling into question the firm’s chance to unload two other assets.
Zinc is the top pick at LME Week, the metal world's largest annual gathering, amid speculation that as with zinc Glencore could ride to rescue of nickel.