Mining capital strike to continue into 2013 says Ernst & Young
Published: Tuesday, 19 February 2013
Lowest deals in mining sector since 2008, first drop in funds since 2009; bonds up
An industry report released today shows that 2012 saw the lowest number of deals in the mining sector since 2008, and recorded the first annual drop in funds raised since the financial crisis.
Funds raised by mining and metals companies fell by 25% year-on-year (y-o-y), according to a note released...