The offer by Rio for TRQHighlights the scarcity value of world class deposits. The more consolidation that happens in the industry the better it is for IVN.
Copper price is holding albeit off the recent hights. Other metals are doing well still. Global economic concerns will weigh on the sector but the fundamentals of the metals have not changed.
IVN will be annoucing commissioing of Phase 2 soon. Lot's to like in the story.