Tuesday, July 21, 2015

Widespread Mine Closures To Follow The Commodity Price Collapse

Write down today. Close down tomorrow. That's the outlook for the minerals and metals complex as a glut of virtually everything, from gold to oil, and from iron ore to aluminum, forces big asset value write downs and sets the scene for wholesale mine closures over the next six-to-12 months. BHP Billiton, [...]

from http://ift.tt/1KhMHnU

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