Fri, May 22, 2015
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Commentaries, Commodity Crisis, Metals and Minerals more

Australia: One third of miners to disappear

Posted on 22 December 2008

From News.com.au: More than a third of Australia’s 800-odd publicly-listed mining and exploration companies may not survive the crash in commodities markets.

This is the dire warning from a big four accounting firm. The impact of the global financial crisis has hit hard in the nation’s vital resources sector, with a long list of mines shut indefinitely, expansions put on hold and approximately 5000 workers laid off in the past few months alone….. Full Article: Source


 Article link

This post was written by:

VRS - who has written 40596 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
May 2015
S M T W T F S
« Apr    
 12
3456789
10111213141516
17181920212223
24252627282930
31