PRECIOUS METALS

Recession threat looms over metals, banks warn

An economic slowdown in the US, and a possible recession in Europe, has triggered a procession of warnings from investment banks that industrial metal prices could fall steeply over the next six-to-nine months.

Tim Treadgold
Recession threat looms over metals, banks warn

Citi and ANZ have followed the lead of Mining Journal's John Robertson who warned yesterday in his From the Capital column that optimism in the mining sector is fading after two quarters of contraction...

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