May 2014 Analysis

Global Industry Overview - Rocky Road Ahead, Pockets Of Resilience - MAY 2014

The relentless pursuit of production growth by mining firms over the past decade is behind us as China enters a new era of less commodity-intensive growth. Lower mineral prices will continue to encourage consolidation in the mining space with the disposal of marginal projects and culling of the junior mining herd. The cutbacks in capital expenditure should continue over 2014-2016 before miners...