SOURCE: StockCall

StockCall

January 28, 2011 08:45 ET

Equity Research on Taseko Mines Ltd. and Southern Copper Corporation - Copper Sector Ramping Up Production

JOHANNESBURG, SOUTH AFRICA--(Marketwire - January 28, 2011) -  www.stockcall.com/ offers investors comprehensive research on the copper industry and has completed analytical research on Taseko Mines Ltd. (NYSE Amex: TGB) and Southern Copper Corporation (NYSE: SCCO). Register with us today at www.stockcall.com/ to have free access to these researches. 

Global manufacturing growth is raising demand for copper worldwide. The Copper sector has enjoyed strong margins recently due to copper prices that have risen over $4 a pound. Tight supply is the primary reason for the price escalation as output has failed to keep up with demand. The International Copper Study Group forecasts a 435,000 metric ton deficit in 2011. Copper demand is anticipated to grow in China, India, Brazil, and the Middle East at an average annual rate of 7% during the next four years. Register now at https://stockcall.com/development/stockcall/page.php?name=register.html to have free access to our reports on the copper industry.

www.stockcall.com/ is an online platform where investors doing their due-diligence on the copper industry can have easy and free access to our analyst research and opinions on Taseko Mines Ltd. and Southern Copper Corporation; investors and shareholders of these companies can simply register for a complimentary membership at https://stockcall.com/development/stockcall/page.php?name=register.html

While there is some concern that tightened spending in China and other developing economies could curb some demand and send buyers toward scrap metal, many companies within the sector, like Southern Copper Corporation, are ramping up production in response to the higher prices. SCCO raised production 4.1% in Q3 and saw its total income rise 17% year over year. Taseko Mines Ltd. has followed suit by spending money to upgrade its Gibraltar and Prosperity Mines. Taseko Mines Ltd. and Southern Copper Corporation research reports are accessible for free by registering today at www.stockcall.com/TGB280111.pdf or www.stockcall.com/SCCO280111.pdf

Inflation is another factor pushing copper prices higher. As currencies devalue, investors look to commodities as safe havens for their money. Visit www.stockcall.com/ to see how companies in this industry have grown over the past years and how they are expected to perform in the future.

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