Near-term M&A activity will slow for most U.S. mining and metals companies

Standard and Poor’s suggests that foreign, not U.S. players, will be drawn to acquire U.S. mining and metals companies due to a weak dollar, economies of scale, and a need to access the U.S.

July 9 - MineWeb - Barring a deep and prolonged U.S. recession Standard & Poor's Ratings Services expect overall domestic mining and metal credit quality "to remain relatively stable as the majority of sector participants currently maintain adequate liquidity to ride out a cycle."

However, S&P analysts forecast that long-term M&A activity will slow for domestic mining and metals companies. Read More.