Mongolia: This copper giant is buying into an unexpected frontier

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Copper has been one of the best-performing commodities of the last few months. With the red metal up over 15 percent since late May, to a current $2.88 per pound. And that price action is spurring some important project activity. Including a little-noticed, but critical move this week from the world’s largest copper mining company. That’s Chile state mining firm Codelco. Which said it is preparing an entry into a new and far-afield jurisdiction, in pursuit of new copper reserves. Read more

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