19.12.2008 - Mining cutbacks to pave the way
From Mineweb: Belt-tightening by miners as metals prices tumble could mean some projects never see the light of day, leaving supply lagging once demand picks up and paving the way for the next metals rally in two to three years. The list of companies slashing capital expenditure and delaying projects grows daily. On Wednesday, Anglo American said it would halve its capital spending next year..... Full Article: Source