Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
Mwananchi Communications Limitted
Dar es Salaam. Global copper prices have surged to a historic high of more than $13,000 a tonne, a development that has sent a wave of optimism through Tanzania’s mining sector as the red metal cements its position as one of the world’s most strategic commodities.
On Monday last week, international benchmark prices crossed the $13,000-a-tonne mark for the first time in history after a strike at Capstone Copper’s Mantoverde copper and gold mine in northern Chile revived fears of a deepening supply crunch.
