05.05.2009 - EMEA metals, mining sector faces tough year ahead-S&P

From Mineweb.com: S&P predicts mining companies will "face a period of low prices and reduced production" this year leading to sharp decline in profitability and cash flow generation. The persistent pressure on the credit quality of metals and mining companies based in Europe, the Middle East and Africa (EMEA) will cause the credit metrics of many Standard & Poor's rated metals and mining companies to materially weaken this year.......Full Article: Source

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