How do you spend $344 billion? That’s the question the global mining industry is now facing after years of aggressive cost-cutting, mergers, and efficiency savings. The figure of $344 billion has been calculated by equity analysts at Morgan Stanly who note that at present, the mining industry is trading at a forward free cash flow yield of 11% based on 2018 estimates. [klarman] Big Data Mining With A Touch Of Human Analysis Pays Off One Year Of Losses Erases Eight Years Of Miner Profits Passport’s Q2 Letter Looks For AMD Boost Amid Crypto Crazy The Mining Industry Will Have A Lot Of…
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