Price Briefing 2 – 8 August
Published: Thursday, 08 August 2013
Rio and Vale set tone for troubled times in mineral pricing
The torrent of gloomy earnings news continued this
week, with mining giants Rio Tinto and Vale announcing results,
as well as a host of smaller mineral companies which joined in
the chorus of profits under pressure.
Anglo-Australian miner Rio Tinto Plc saw its bottom line
crumble during the first half...