Mining PwC

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, according to a mining report released by PwC yesterday.

“Deal activity globally in 2013 is expected to continue at moderate levels, well behind the frenzied pace of 2011 as miners continue...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222