21.04.2016 - Commodities slump has not created a buyer’s market for mines
Wanted: One mine, just started or close to production, preferably gold, must be in secure country with high-quality ore body and low costs. Also, must be cheap. The above shopping list was the most common response from investors when quizzed about what they are looking for in the commodity sphere during last week’s Mining Investment Asia conference in Singapore. The near impossibility of satisfying the requirements probably explains why there aren’t that many mining deals actually being done, despite the low prices for many commodities...............................................Full Article: Source
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