Yesterday was the first day of RBCCM’s Global Mining and Materials Conference. There were 23 different companies presenting, as well as a luncheon keynote speaker from Arcelor Mittal. RBCCM says “the overall tone of the presenting companies was positive, with cautious optimism in the short term clearly moving to a bullish long-term view. Given the recent rally in commodity prices and the equity markets, many presenting companies were cautiously optimistic in the short term. China has had a significant positive impact on global demand thus far in 2009. (more…)