![Latest Data from SNL Metals Mining Shows Copper Mine ...](/e69yszg/200.jpg)
Latest Data from SNL Metals Mining Shows Copper Mine ...
The copper price averaged 334c/lb in 2013 and 311c/lb in 2014. On a byproduct basis, ie the "normal costing" method, where revenue from secondary products is netted off the cost of producing copper, the industry's average cost this year is expected to be 126c/lb, compared with 129c/lb in 2014.