Wed, Jan 28, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commentaries, Market Moves, Metals and Minerals more

What do base metals project cutbacks mean for future supplies?

Posted on 13 November 2008

From Mineweb.com: If we are in for a period of recession rather than a global depression, then it looks as though announced production cutbacks by mining companies are far more severe than the demand situation would justify.

Nowadays not a day seems to go by without some significant base metals producer, or prospective producer, announcing major base metals project delays, cutbacks and curtailments. Add to that the announced, and so far unannounced, cessations in exploration programmes and we are looking at a near term very substantial fall in base metals output - and in other industrial and precious metals too……. Full Article: Source


 Article link

This post was written by:

VRS - who has written 39000 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
January 2015
S M T W T F S
« Dec    
 123
45678910
11121314151617
18192021222324
25262728293031