Fraught Mining Asset Sales Are Creating Opportunities $10 billion. $25 billion. The cash that analysts expected Rio Tinto and BHP Billiton to raise from asset sales just two years ago was being counted in the tens of billions. But it has not quite panned out that way. Caught between plunging commodity prices and a small…
Surveying the Damage Monday’s China-led stock market sell-off (dubbed “Brutal Monday” by Reuters and “The Shanghai Shockwave” by City AM) was a horrendous day of losses for most stocks globally. But for the mining sector in particular, it was just the latest slump in a formidable, four-year bear market. Whilst it may be premature to…
Anglo American set for further trouble, Liberum Capital believes… Mining investors have found a new market darling. It is not BHP Billiton’s spin-off, quirkily named South32, after the line of latitude connecting its mines south of the equator. Nor is it Rio Tinto, which surprised to the upside with its half-year results last week. It…
