Production Delays in China, Peru Will Send Copper Up in 2013: Scotiabank

The Financial Post reported that, according to a new report from Scotiabank, production delays in Peru and in China will push prices up through 2013.

As quoted in the market report:

Both countries are experiencing domestic troubles that are putting copper mine projects at risk of delays said Tom Meyer, analysts with Scotiabank. By his estimation, roughly US$57-billion worth of mining investment has been delayed or deferred in Chile and Peru so far.

To view the whole Financial Post report, click here.