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

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...


Janie Davies

February 03, 2013

03:19 GMT