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Canadian miners could go bankrupt

Posted on 29 December 2008

From Steelguru.com: Few Canadian resource industries fared well in what turned out to be a dismal year for commodities in 2008, as base metal miners were hit particularly hard as credit markets tightened, global demand slumped and prices for everything from zinc and copper to iron ore and aluminum plummeted.

As per report some analysts have now predicted that some of Canada’s big mining companies will go bankrupt before conditions start to improve….. Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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