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Base metals forecast to outpace precious metals in 2013
Friday, April 19, 2013 2:05
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If demand for base metals proves promising – owing to their link to infrastructure and urbanisation – countries hosting base metals, particularly copper, will benefit, states minerals consultant Venmyn Deloitte exploration manager Andrew de Klerk, noting that base metals demand may be stronger than precious metal demand in the near term.
His statement backs up fund management firm Hallgarten & Company principal and mining strategist Chris Ecclestone’s media statement in 2012 that base metals are likely to outpace precious metals in 2013.
