Top 40 miners post collective loss in 2015: PwC

摘要

Last year was “a race to the bottom”as the world’s 40 largest mining companiesposted their first ever collective net loss,financial services group PwC said June 7 inits latest annual mining report.The 13th in PwC’s industry seriesanalyzing financial performance and globaltrends, the report reveals a first evercollective net loss ($27 billion) for the Top 40miners, with market capitalization falling by37%, thereby “effectively wiping out all thegains made during the commodity super cycle,” the company said.