Political uncertainties, which are retarding business decisions, have led to a current “bleak picture” for the mining sector, which may have passed a recent peak, according to Mining Journal’s Global Finance Report, published this week. Financial market and sectorial indicators make it look increasingly likely that the mining upturn of 2016 and 2017 peaked early in 2018, according to the report, being published for the second year. “Headwinds remain in the shape of a weaker China, which is also facing down a trade war with the US, along with macro data that suggests the cycle is topping out,” the report said.
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