Longing For China’s Short (Copper)
‘Always Be Long,’ Africa Miner Says Copper’s spot price and active futures contracts are rising 2.2% at last look. So-called volatility is accelerating in producer-copper equities such as Vale, Glencore, Freeport McMoRan FCX (up 5% right now), BHP, Rio Tinto, Teck Resources — and our preferred copper producer, Ivanhoe Mines IVN IVPAF and sister-co Ivanhoe …