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Fearful of slumping copper, Taseko hedges

Seeking Alpha | May 16, 2011 | 9:04 pm Base Metals Energy Precious Metals Copper Gold 

Taseko Mines Ltd. (TGB) has bought put options to hedge its 2011 copper production, signalling that miners, too, are worried about commodity prices. Taseko chief executive officer Russell Hallbauer noted that while copper prices have averaged about $4.25 (U.S.) per...

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