BASE METALS

North American banks at odds over copper outlook

MINING investors are growing increasingly twitchy about the recent rally in metals prices – especially copper – and are looking to shield against downside risk, suggesting the cycle may be approaching – or have already reached – a peak, BMO Capital Markets said overnight.

Tom Hoskyns
 BMO believes the large cap copper players are set to retreat in value after a strong rally

BMO believes the large cap copper players are set to retreat in value after a strong rally

BMO pointed to a number of investor meetings it held over the past week. As well concerns around falling commodity prices, it said investors were worried by possible negative disclosures during the upcoming...

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