16.09.2011 - Bullish miners on a spree of buying and digging
Miners are forging ahead with aggressive spending plans despite sinking stock values and retreating commodity prices, in a bet that metals demand will remain solid even as the global economy softens. Mining giants such as Alcoa Inc., Rio Tinto PLC and Xstrata PLC advanced major new projects this week, adding to the billions of dollars earmarked by miners around the world for expansion through acquisitions, new mine construction and increased exploration..............................................Full Article: Source
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