28
Mar
16:27
Mining industry’s underspending likely to prolong higher prices
Investment in growth and exploration capital expenditures in the mining industry are below the average levels of 2004-2014, Jefferies says in a new analysis.
According to a report issued on 27 March, the global mining industry is underinvesting in growth and underspending on exploration, despite high commodity prices. In real terms, mining capex is higher now than it was 20 years ago, but when adjusted for the size of the industry and inflation today, it is far b…
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Anonymous
Very good overview of the weekly steel market.
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