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Copper still an investment favourite, says JP Morgan’s Henderson

February 03, 2013 - 03:19 GMT Location: Hermanus

KEYWORDS: copper , Ian Henderson , JP Morgan , zinc , lead , tin , nickel , aluminium

Copper is still a favourite investment pick and has found a reasonable and stable price level, according to Ian Henderson, adviser to JP Morgan and former manager of the bank’s natural resources fund.

"I still like the copper market. I don’t see copper [price] going through the roof but it’s well-supported at the current level," Henderson told Metal Bulletin on the sidelines of the GMP Mining Jamboree in Hermanus, South Africa. "People can make money at this price, it’s a perfectly reasonable price and it’s not a price that will...

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