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Despite subdued outlook, mining companies may buy at bargain basement prices

Posted on 04 March 2009

From Mineweb.com: In their annual “Mining Deals 2008 Annual Review”, PricewaterhouseCoopers suggests that, while the short-term outlook for mining deal activity from western mining companies is subdued, mining companies with available funds “may well find 2009 to be a year where they can utilize their financial strength and achieve acquisitions at long-term bargain basement prices.”

In the analysis by the Global Mining Deals Team, PwC called last year “the year of what might have been….. Full Article: Source


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VRS - who has written 39496 posts on Opalesque Commodities Briefing.


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