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By Shane Lasley
North of 60 Mining News 

Cupric Canyon scours globe for copper

Barclays, former Phelps Dodge execs form new company to bring exploration projects online ahead of anticipated copper shortage


Last updated 2/28/2010 at Noon

Bankers, miners and scientists are predicting a shortage of copper in the coming decade as developing countries, particularly China and India, urbanize and industrialize.

This growing need has spurred Barclays Capital, the investment division of the London-based Barclays Bank plc, to back a team of top-level copper miners who are scouring the globe for large, undeveloped copper assets.


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