A better year ahead for iron ore, commodities: CRU's Newman

摘要

Phil Newman, CEO of metals consultants CRU Strategies in London, kicked off the "commodities and market outlook" technical session that launched the Prospectors & Developers Association of Canada convention with a relatively optimistic look at the broad commodities market, and iron ore in particular. Newman described "capital aspects" as the industry's biggest concern, repeating a quip he'd heard that the "Mines and Money" conference in London late last year could have been called the "Mines and Mines" conference, since there is no money.