New study predicts lowering of cost curve, marginal mines staying open at all costs will see oversupply persist and fifth year of copper price declines.
In the final part of our probe into the curious case of Khan Resources, we review events leading to the seizure of the company’s Mongolian assets and its chairman’s unusual death in an Ulaanbaatar hotel.
Don’t get too excited about a deficit. Copper is ever a tight market, an 18-million-tonne giant that always seems to finish the year with only a few hundred thousand tonnes of surplus or deficit.
In the second installment of the curious case of Khan Resources, we explore the company’s turbulent history in Mongolia and document a deal with Russia’s leadership to swap its uranium mines for hundreds of millions of dollars in aid and debt forgiveness.
