Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Macquarie Research Commodities, the research and analysis group, hosted its annual 2009 May China Commodities Conference in China from 18-22 May, with over 40 institutional investors attending the event. As in previous years, more than 20 corporates and industry consultants shared their views on the Chinese macro economy and commodities market outlook (short-/medium-/long-term). Overall, Macquarie believes China will continue to act as the key driver of the commodities market for the next 12 months in terms of demand. China-based analyst Bonnie Liu reported on the big news coming out of the event. (more…)
