Mississauga, ON -- (SBWIRE) -- 09/10/2015 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com/) announces its latest article titled "Arena and JV Partner Commence Drilling on Atacama Copper Project."
Companies mentioned in this article include Arena Minerals Inc. (TSX-Venture:AN).
Article Excerpt:
After falling sharply in August due to the turmoil in China, copper prices have rebounded back in the past few days as several miners have announced production cuts.
Copper miners such as Glencore and Freeport-McMoRan are cutting production as they grapple with weak prices. However, the production cuts are coming at a time when there have been unexpected outages in some large copper mines. As a result, analysts believe that the copper market could actually turn into a deficit next year.
The long-term outlook for copper prices though largely depends on demand from China. Fresh economic data from the world's second-largest economy shows that there is a sharp slowdown. This is negative for copper demand, however, Chinese policymakers have already announced measures such as interest rate cuts and reducing reserve requirements for banks in order to support the economy.
The full version of this article can be found at:
http://www.allpennystocks.com/aps_ca/special-reports/534/arena-and-jv-partner-commence-drilling-on-atacama-copper-project.htm
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