Copper: Chilean Investment Still Expanding
Nov 18th, 2008 | By Sara Nunnally | Category: Emerging MarketsCopper prices have fallen off a cliff since June, and not even China’s massive stimulus has bucked the trend. But Sara Nunnally says one Chilean mining firm is still planning a major expansion in production over the coming years. This could mean big profits for the company’s three major financial backers (AAUK, XTA, MITSY)… provided they survive the current commodity slump.