Iron Ore - Mining Analysis

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Industry Trend Analysis - Iron Ore Miners: Struggles Ahead, Especially Juniors - JUNE 2014

The downtrend in the Bloomberg Iron Ore Mining Index will persist over the coming quarters as mining equities remain under pressure from lower iron ore prices compared to the boom years. Junior miners will struggle to survive due to funding constraints, while more Chinese projects become economically unviable at prices below USD120/tonne. Indian miners will also grapple with problems surroundin...

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Industry Trend Analysis - Top Firms Signal Continued Capex Weakness - JAN 2014

The latest announcements by Rio Tinto and Vale regarding cutbacks in capital expenditure (capex) in 2014 further reaffirm our view that the mining industry will be beset by austerity in the coming quarters. Given recent industrial metal price weakness and uncertainty over the sustainability of Chinese growth, we expect more miners to announce similar cutbacks. Our forecast for falling iron ore...

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