[miningmx.com] – MEDIUM-sized mining companies would lead a new round of consolidation in the mining sector, said Bloomberg News which cited the comments of a World Bank official.
Medium-sized producers are set to lead deals as small companies succumb to the price rout and large producers seek growth, Paulo de Sa, manager for energy and extractive industries at the World Bank told Bloomberg News.
“The big structural adjustment as a response to the decline in prices still didn’t take place as banking credit lines are being renewed,” he said.
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