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Rio Tinto and Kazakhmys: The end of the mining boom

Posted on 03 April 2013

Of my recent contrarian picks, it is worth noting that the only companies that lost substantial money were a couple of commodities companies: Kazakhmys and Vedanta. I have worked out that mining companies are different from other companies.
Because of the highly cyclical, supply and demand led nature of commodity markets, share prices can be extremely volatile. Kazakhmys’ price is a quarter of what it was in 2011. Rio Tinto’s share price is half of what it was a few years ago………………………………………..Full Article: Source


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VRS - who has written 39513 posts on Opalesque Commodities Briefing.


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