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Gold/Mining/Energy : Copper - analysis
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From: JohnG11/17/2005 3:56:29 PM
   of 2131
 
""The copper price, however, was boosted from the latest latest study of International Copper Study Group which showed a sharp fall in mining output. The study showed a 695 000 tonne downward revision in total copper mine output for this year compared with its forecast in March. The output downgrade was based on production disruptions primarily in Chile and the US.

Refined output had been revised lower by an even larger 831 000 tonnes. Production forecasts for 2006 were also pushed down. However, some analysts questioned if production forecasts are still too optimistic.""
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