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Miners beating expectations

A recovery in commodity prices following a lag in the first half of 2020 fuelled better-than-expected December quarter earnings, US investment bank Jefferies said on Friday.

Miners beating expectations Miners beating expectations Miners beating expectations Miners beating expectations Miners beating expectations

Jefferies said mining shares have materially outperformed the market in recent times

In a review of its coverage universe, the bank said "almost all companies so far" either exceeded or met expectations on EBITDA, capital returns and balance sheet improvements.

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