If three’s a trend, then copper producers awash with cash after a doubling of prices are entering the next phase of the cycle: increased fiscal pressure from their host nations.
Illegal gold and diamond mining in Brazil’s Amazon rain forest is threatening South America’s largest group of native people who still live in relative isolation.
The world’s biggest copper trader expects the metal to breach $10,000 a tonne this year, before entering a range of $12,000 to $15,000 a tonne over the coming decade.
