Goldman slashes copper supply outlook as deficits widen

Goldman Sachs has cut its global copper mine-supply forecast by 350,000 tonnes, citing slower-than-expected recoveries at Freeport-McMoRan's (NYSE: FCX) Grasberg mine in Indonesia and Ivanhoe Mines' (TSX: IVN; US-OTC: IVPAF) Kamoa-Kakula complex in the Democratic Republic of Congo, as LME...

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