A bumpy road to a bright future

摘要

This was an active year for the mining industry. Chinas weaker demand for mined products and other global market forces sent price fluctuations through several mined commodities. The continued credit crunch adversely affected exploration prospects. Resource nationalism continued to rear its head as miners' number one risk worldwide. These events shaped the past year in mining and have affected forecasts for 2013. Although the industry's outlook remains favourable over the long term, there is no shortage of challenges to face over the coming year.