Suggestions(1)
Exact(5)
The commodities slump has sent share prices of mining companies tumbling, with Anglo falling by 75% in 2015 and the FTSE mining index nearly halving.
Those drops, in turn, have battered the share prices of mining companies.BHP Billiton and Rio Tinto, two giants that are big exporters of iron ore from Australia to China, agree that China's appetite for natural resources is moderating.
Britain's blue-chip share index has soared to a new all-time closing high powered by soaring confidence in the US, a surge in the share prices of mining companies and the impact of the falling pound.
But many base metals, such as copper and nickel, are down between 20% and 30% since the summer, and the same goes for the share prices of mining companies, sparking speculation there could be a wave of mergers and acquisitions in the pipeline.
Australia is known primarily for its wealth of natural resources, and the stock prices of mining giants Rio Tinto and BHP Billiton have increased over the last year.
Similar(55)
The company has stakes in two iron-ore mines and seven coal mines in Australia, but says that prices of mines there and in Brazil make further investment in the two countries unlikely.
But the price of mining was rising too, thanks to a shortage of workers and equipment, which was causing acute problems for both BHP and Rio at their remote mines in the Pilbara.
"The time may come when the rising cost of these materials on Earth, due to dwindling availability and greater demand, makes the price of mining them from asteroids competitive.
Garthwaite said that expectations of soaring demand had driven up the price of mining stocks, so that they no longer offered as much value as they did in the past.
The share prices of big mining firms have wobbled in recent weeks, as jitters about the global economy have intensified.
Both profits and stock prices of gold mining companies are influenced by changes in the commodity's price.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com