December 2014 Analysis

Industry Trend Analysis - Weekly Mining & Projects Roundup - DEC 2014

We expect the Bloomberg World Mining Index to continue trading at subdued levels through Q414 on account of further weakness in industrial metal prices. While we do not expect the index to see sustained trading below mid-2013 lows around 200, we do not rule out a test of support in the coming weeks. Moving into 2015, we expect mining equities will trade in a multi-quarter basing pattern rather...