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Copper Mine Costs and Fundamental Support for Prices
June 2009
The copper industry is experiencing a rapid period of change reflecting the credit crunch and ensuing global economic downturn. At mid-year 2008, prior to the Lehman Brothers collapse, there were around fifty mines in construction that cumulatively could have supplied around 2Mt of new capacity by 2011, approximately 11% of forecast mine supply that year.
At this stage one of the critical questions being asked by clients related to the sustainability of elevated capital cost levels, and how this was influencing the buy or build decision making process amongst producers.
Highlights
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Video Interview – Paul Smith discusses the recent response of zinc miners to falling metal prices. | June 2009
Wood Mackenzie announces the release of the new Unconventional Gas Service
Wood Mackenzie is pleased to announce the release of the new Unconventional Gas Service | June 2009
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US Refining – Prospects for Recovery - Video Interview
Video Interview – Alan Gelder discusses Wood Mackenzie’s view on the outlook for US refining margins. | March 2009
Wood Mackenzie's London Open Forum Product Training
Wood Mackenzie's Open Forum Product Training: 23rd - 26th June | May 2009
Breaking Through Uncertainty - our view on the economic crisis
Today, the hesitation to invest may seem prudent – but is it, considering the timing of economic recovery and the expected call on energy? | June 2009