Thursday, March 20, 2008

Mining M&A activity hits new peak - 19th March 2008

March 19 - Platinum Today - PricewaterhouseCoopers' latest report shows that the level of mergers and acquisitions in the mining sector has reached "unprecedented levels".

According to the firm, the trend can be accounted for by the optimistic outlook for the industry in terms of growth and profitability, while high commodity prices are also a factor.

Indeed, the report noted that even the credit crunch would fail to slow deal activity down. Read More.

No comments: