| From Indiatimes.com: Operators in the mining and metals industry have enjoyed an unprecedented boom over the past decade as China, India and other rapidly-developing economies sought to modernize their infrastructure and a rising middle class was able to afford cars and other metals intensive goods for the first time.
But the year 2008 saw the worldwide mining and metals industry go from the heights of optimism to the depths of despair with the sudden and severe collapse in mining and metals prices in the third quarter, says an Ernst & Young report, titled '2008: The year when cash was king’..... Full Article: Source
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