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Burned by sub-prime, banks turn to resource sector for profits

Frik Els | June 22, 2011 | 6:38 pm Base Metals Energy Precious Metals Copper Gold 

Data out this week show the likes of Goldman Sachs and JP Morgan raking in record revenues of almost $1bn/month in commodity and other trading revenue. A recent study of mining mergers and acquisitions shows the proportion of financial firms...

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