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Commodity Investor Amine Bouchentouf : Focus on Copper for 2012
Jan. 20, 2012 12:14PM PST
Base Metals Investing Columnist Amine Bouchentouf gives his perspective on copper market investing strategies for 2012.
Columnist Amine Bouchentouf gives his perspective on copper market investing strategies for 2012.
As quoted in the market news:
In the copper space, I recommend keeping a close eye on Freeport-McMoRan (NYSE:FCX). Freeport is the world’s largest copper producer, and owns the largest copper mine in the world: Indonesia’s Grasberg mine in the Papua province. It does a lot of business with China and other key countries, so it’s a good company to track for a potential rebound in copper prices.
Another company in the copper space that I’m watching is CuOro Resources (TSXV:CUA), which gives you exposure to up-and-coming copper mines in Colombia. It’s well known that Chile is an important and mature player in Latin American copper markets, but Colombia is becoming an increasingly important producer in the region. This is a company that can give you that kind of exposure.
