Wednesday, November 4, 2009
Southern Copper CEO Expects Copper to Top US$4 in 2010
Oscar Gonzalez Rocha, CEO of Southern Copper Corporation (NYSE:PCU), the largest copper producer in Peru and Mexico, a subsidiary of Grupo Mexico, S.A. (BMV:GMEXICOB) told reporters that he expects copper prices to rise to above US$4 per pound, almost double the average 2009 price of $2.22.
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