Steve Parsons Takes a Shine to Copper – Gold Speculator

With TC/RC (treatment charges and refining charges)rates falling and the availability of concentrate and scrap copper limited, we believe smelter groups are likely intensifying their efforts to become fully integrated—that is to acquire interest in mines or … SP: I don’t think this will have much impact on the copper price. Certainly the mining companies will have less ability to negotiate cheaper refining charges. Right now they have the smelters over the barrel. …

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Steve Parsons Takes a Shine to Copper – Gold Speculator

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