01.11.2012 - Metal prices unlikely to recover as supply grows, KPMG says

Metals and mineral prices are unlikely to recover in the next five years as new projects will add supply at a time of tepid demand, according to KPMG LLP’s global head of mining. A decline in the growth rates of Asian economies as new projects begin production means the metals market is imbalanced, Wayne Jansen said. As a result, companies are deferring investments, he said...............................................Full Article: Source

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