Copper giant Codelco sees 'very firm' copper price ahead despite recent drop - chairman

Chilean State-owned copper miner Codelco, the world's top producer of the red metal, sees a firm copper price ahead despite a recent sharp fall, chairman of the board Máximo Pacheco told Reuters in an interview in Santiago.

The comments come as copper prices posted their biggest weekly fall in a year as investors worried that efforts by central banks to stem inflation will stifle global economic growth and reduce demand for metals.