UK analyst Simon Hunt may be the only researcher in his field with a true measure of what’s currently happening in metal markets. Then again, he might not. Hunt has recently re-examined the apparent boom in prices over the last six months, trying to determine what this means for future global metals production and therefore mining prospects. His conclusions cut right across the majority of current “bullish” sentiments, pointing to artificially boosted demand, and manipulated supply, scenarios. Could the drove of optimists – now creeping out of the woodwork all over the shop – have got it seriously wrong ? If so, prudence alone (not to mention ethics) requires a concerted shift to a global post mining” scenario. And starting now.
See http://www.minesandcommunities.org/article.php?a=9575.