Posted by: APO | 7 June 2016

Slower, lower, weaker… but not defeated – PwC Mine 2016 report

– The first collective net loss in the Top 40’s history (US $27billion) – Market capitalisation down 37 per cent (%), in some cases below Net Book Value – High debt sees some miners fighting for survival , committing to asset sales – Focus on costs continues, but so do economic headwinds 2015 was a race to the bottom with many new records set by the world’s 40 largest mining companies, according… Read more on http://pricewaterhousecoopers-pwc.africa-newsroom.com/press/slower-lower-weaker-but-not-defeated-pwc-mine-2016-report?lang=en


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