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Goldman recapitulates $5 a pound copper price by end of 2021 – MINING.COM – MINING.com

New report says while copper bulls have been facing “a crisis of confidence”, fundamentals “have been quietly tightening” setting…

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Goldman projects a 200,000 tonne deficit next year, and also halved its projected surplus for 2023 to 129,000 tonnes after which open-ended deficits start. 
Treatment and refining charges (TC/RCs) paid by miners to smelters to process concentrate into refined…

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