LONDON TO A BRICK

Shades of 2006 supercycle drama

In the City, investors in mining and metals are reminded of the last supercycle when there was an intensification of labour disputes, and relentless pressure by governments to increase their take of royalties and taxes.

Richard Wachman
Shades of 2006 supercycle drama

Does it have to be like this? The answer is almost certainly yes, but this may be no bad thing, according to minerals economist James Otto who, incidentally, believes it is perfectly acceptable for treasuries...

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