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M&A could signal bottoming out

The recent announcements by a number of the mining majors of multi-billion losses typifies the current state of the mining industry. Low commodity prices, falling demand, and mounting debt levels have exasperated many of the mining majors attempts to re-calibrate their balance sheets, and illustrate the uphill struggle the industry faces.

M&A could signal bottoming out M&A could signal bottoming out M&A could signal bottoming out M&A could signal bottoming out M&A could signal bottoming out

Bottom feeders: an M&A wave is on the cards this year as those waiting for the bottom of the market take action

As a result, the pertinent question is whether 2016 holds more of the same?