The review paints the overall picture for the mining industry throughout 1996. The Sumitomo affair, being the most momentous event in the history of the copper market, dominates. Share prices fell by a massive 35% but the market proved to be resilient and bounced back. Details are given of the following markets: aluminium had a good year; nickel consumption fell; zinc stocks are starting to look critical; lead consumption attained an all time high; iron ore was weak; gold stayed about the same; silver shows an increasing market; coal and uranium both saw increases in demand. Technical articles include metal markets and the LME, precious metals and minerals, major and speciality metals, steel industry, industrial and energy metals and extractive metallurgy. An index to mines and companies is included.
|Publisher||Mining Journal Ltd, London|
|State||Published - 1997|