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sweetpepperjam

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Re: crossbow post# 864

Thursday, 03/03/2011 11:15:18 PM

Thursday, March 03, 2011 11:15:18 PM

Post# of 4973
Kazakhmys Sees ‘Strong’ Copper Prices, Studies Options for ENRC
By Firat Kayakiran - Mar 3, 2011

Kazakhmys Plc (KAZ), Kazakhstan’s biggest copper producer, expects prices for the metal to remain “strong” as demand growth outpaces supply, Chief Executive Officer Oleg Novachuk said.

“The copper price will stay very strong at least for the next two years,” Novachuk said today on a conference call. “Delivering copper projects isn’t easy and demand is growing much faster than people can deliver projects to the market.”

http://www.bloomberg.com/news/2011-03-03/kazakhmys-sees-strong-copper-prices-studies-options-for-enrc.html

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