Fri, Aug 29, 2014
A A A
Welcome kbr175@gmail.com
RSS

Commodities Briefing - Categorized | Metals and Minerals more

Where next for the mining sector?

Posted on 06 June 2013

There has been much doom and gloom surrounding the mining and resources sector over the last couple of years. Depressed global economic conditions, and in particular concerns over slowing growth in China, have led to widespread falls in commodity prices. To compound matters, mining companies have been their own worst enemy over recent years, misallocating capital to high risk projects.
Costs have spiraled out of control and a number of mining projects have been abandoned leading to multibillion-dollar writedowns. It’s no surprise investors are deserting the sector in their droves………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 36685 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

August 2014
S M T W T F S
« Jul    
 12
3456789
10111213141516
17181920212223
24252627282930
31