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"Excess cash ... is probably going to continue coming back to shareholders"

The mining sector is in good shape, with healthier balance sheets and shareholders seeing benefits, although there has not been much of a growth story yet as large diversified miners continue to reign in capital expenditure and restrain M&A activity.

"Excess cash ... is probably going to continue coming back to shareholders" "Excess cash ... is probably going to continue coming back to shareholders" "Excess cash ... is probably going to continue coming back to shareholders" "Excess cash ... is probably going to continue coming back to shareholders" "Excess cash ... is probably going to continue coming back to shareholders"

Major miners are spending their free cash on dividends, buybacks and targeted M&A

Overall, Macquarie head of European metals and mining research Grant Sporre painted a much more bullish picture at the bank's LME Week breakfast press briefing than one would have expected a cou...