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Global mining sector facing confidence crisis?

Posted on 13 June 2013

A number of miners are deferring or scaling back projects and many major players are said to have plans to divest non-core assets. This is in the context of almost half of the 40 largest miners having bulk of their operations in emerging markets in a shifting of the centre of gravity.
Manage productivity; Ramp up efficiency looks to be the mantra of miners world wide. In an anualised report on mining sector, Pricewaterhouse Coopers has said that gone are the days when miners used to rely on ramping up production to generate value………………………………………..Full Article: Source


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VRS - who has written 38163 posts on Opalesque Commodities Briefing.


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