Mining For Opportunities Amidst Downturn
BMI View: The pain in the global mining industry is far from over as the Chinese economy enters a protracted period of less commodity-intensive growth in the coming years. Lower mineral prices will continue to reshape the long term growth strategies of the larger miners and threaten the short-term survival of cash-strapped juniors. While mining sector's fortunes will remain challenged by the fading of the commodities boom, several positive themes will stand out to partially arrest pessimism in the industry. Below, we highlight the key challenges and opportunities that are set to dominate the headlines over the coming quarters.
1. More Pain Ahead As China Slows
|Less Commodity-Intensive Growth|
|China - Select Economic Indicators, Real Growth (% y-o-y)|