Copper financing deals will continue: Noble

May 09, 2014 | 07:57 AM | Andrea Hotter

Tags  Copper, financing deals, warehouses, Noble, Duncan Hobbs, American Copper Council, Copper College, Andrea Hotter

TUCSON, Ariz. — Copper financing deals will continue, but alarmist concerns of a cascade of metal being released into the market from warehouses are overstated, Noble Resources Ltd. analyst Duncan Hobbs said.

Double-digit returns on an annualized basis appear possible from copper financing deals, based on current market parameters, which is a strong demand driver, he said at the American Copper Council’s Copper College meeting in Tucson.....

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