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Booming miners face cost, growth, tax headwinds

Posted on 21 March 2011

Global miners and smelters enjoyed a huge recovery in 2010 and early 2011 following the financial crisis, with base metals, iron ore and gold surging to record highs on a heady mix of cheap central bank finance, government stimulus and a laggardly supply response to improved demand prospects.
New headwinds for the sector however now include China’s moves to cool its economy and the uncertain impact and pace of an expected plan by Japan to rebuild after the devastating earthquake and tsunami……………………………………….Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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