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Copper glut could bury Canadian miners Add to ...

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Copper supply is expected to exceed demand by a substantial margin in 2014, threatening the outlook for an already-beaten-up Canadian mining sector.

The median analyst estimates for global copper supply and demand suggest an oversupply of 408,000 metric tons for 2014. This would be the largest surplus since 2001, a year when the copper price fell 19.4 per cent.

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