Commodities perform in unstable market
The chairman of Global Mining, John Robertson, has warned that while the minerals and metal markets had so far defied expectations, the sector will remain unstable.
“While underlying performance in the mining sector is likely to remain strong following a period of spectacular growth in bulk commodity prices, it is also probable that the sector will continue to experience volatility and share price consolidation due to uncertainty on the global economic outlook,” Robertson said.
Global Mining Investments reporting a 12-month portfolio return of 23.6 per cent, exceeding the HSBC Global Mining Index by 6.9 per cent.
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