| The slew of results from the mining sector in past weeks has not been cheery. Gone were the reports of record profits seen in recent years. Instead, the message came through loud and clear as Xstrata, Anglo American, Rio Tinto and co updated on their performance: revenues are sliding, due to falling commodity prices as the global economy slows.
But that was, of course, backwards looking. What does the future hold for raw materials? Among the gloom, Rio Tinto stood out somewhat as offering a more upbeat assessment of the situation compared to some...............................................Full Article: Source |