MAJOR MINE COMPANIES TO SEE PROFITS LEVELLING OUT SOON

Mining giants’ earnings to flatten out

Daily Telegraph Australia, 2 Jun 2011

The blockbuster earnings growth of mining titans BHP Billiton and Rio Tinto is expected to flatten over the next five years. This is due to Australia’s top export — iron ore — being tipped as “the biggest drag” as prices plunge.

Sourced & published by Henry Sapiecha

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