A Member of the Metallicarum International Alliance


Letter to Customers, 3rd February 2012

Dear BME customer,

As part of a cooperation agreement, Bloomsbury Minerals Economics (BME) has increased its share holding in IntierraRMG and has transferred to that company the title to its two periodicals, the Copper Briefing Service and the Quarterly Report on Copper. BME has however retained ownership of its mathematical price modelling unit - BME Price Models Limited - which will cooperate closely with IntierraRMG on the price behaviour of copper, nickel and other metals.

Your copper periodicals subscriptions will continue unaffected. Paul Dewison and Robert Goldstein will join IntierraRMG. Paul (a former senior analyst at CRU then Brook Hunt and former Managing Director of Metalica Limited) will take with him knowledge and expertise in copper and other base metal market analysis and consulting, in particular downstream fabricating and scrap business. This will be complemented by the exploration expertise of Intierra and the plant-by-plant production data of RMG, bringing further insights to the editorial team. Robert (a former Managing Director of CRU) will also bring formidable business experience and customer knowledge to the new media arm of IntierraRMG.

Subscribers to the Copper Briefing and Quarterly Report will see no loss of service, but will instead find that they now have closer links to the research and sales professionals of the much larger IntierraRMG group around the world, with its offices in Perth, Toronto, Calgary, Vancouver, Stockholm and London. With a much larger team now available, customers will be able to tap broader expertise for a wide range of consultancy assignments on relatively short lead times.

With Adam Sotowicz and me remaining at BME Price Models, the latter will continue at the forefront of research and modelling of metals price behaviour at the interface of the 'new' investment world and the 'old' world of industrial raw materials.

BME has great confidence in IntierraRMG's future as the most dynamic company in the field of data, analysis and consulting on ores, scrap, metals, exploration, mining, smelting, refining and fabricating and is pleased at the prospect of them being able to provide you with enhanced copper market publications.

Our website will be updated next week to accommodate these developments.

Yours sincerely,
Peter Hollands
Managing Director

BME Products and Services
BME is a specialised consultancy engaged in base metals market and price analysis, focussing in particular on copper. Our analysis and advice relates to all sectors of the industry from mine to end markets.


Single Client Consultancy
BME is a foremost provider of single client consultancy relating to all aspects of base metals markets, in particular copper. Our work relates to fundamental supply-demand market analysis, price forecasting, mine project appraisals, intermediate product market dynamics and end market analysis, forecasting and project appraisals. Clients include mining companies, metals processors, fabricators, traders, financial institutions, industry bodies and legal firms.


Publication: “BME Copper Quarterly”
A quarterly market service giving detailed annual statistics, analysis and five year forecasts of physical market fundamentals of the complete copper supply chain from concentrates through to refined copper. The product includes our price forecasts, news coverage of the previous three months and an analysis of developments at the major mining companies engaged in copper. Data is additionally provided in Excel format.


Publication: “BME Copper Briefing Service”
This is a monthly service using the same database as the Copper Quarterly, providing deep insights into the current and near-term future of the copper market. As well as insightful commentary, the publication gives quarterly data and two year forecasts by quarters for all major aspects of the copper supply chain. It also gives a detailed news review covering the previous month.


Price Modelling
BME has a well renowned and groundbreaking expertise in price modelling, taking into account investment and other drivers as well as traditional market fundamentals. Our suite of price models includes user friendly interactive products, which can be tailor-made to suit individual client requirements.