Subdued prospects for miners

The pace of mining deals is set to moderate as risks rise, according to PwC.

After the frenetic activity in the mining sector two years ago, uncertainty about the trajectory of commodity prices is likely to subdue the level of MA deals this year. Nervous equity markets and restrained lending by banks will reinforce the cautious trend set in 2012.

Yet, as metal prices stabilise and companies bet on the continued rise in commodity demand from countries such as China, transactions are still expected, albeit at a cautious pace,...

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