13.03.2009 - Mining investment to be slashed as credit dries up
From SMH: Work derived from mining investment will be halved - at least - over the next two years as the next round of projects are "slaughtered" by falling commodity prices and frozen credit flows, an economic forecaster says. BIS Shrapnel said yesterday a collapse in business investment would drive the second phase of the economic downturn, after the initial period of lower household spending..... Full Article: Source
Print