SRK: waiting for upturn will be too late

Many miners have dug their bunkers too deep, SRK corporate consultant Roger Dixon has suggested, with too much work left to do to get projects back on a development path if markets and prices rebound

SRK: waiting for upturn will be too late SRK: waiting for upturn will be too late SRK: waiting for upturn will be too late SRK: waiting for upturn will be too late SRK: waiting for upturn will be too late

Dixon says while positive underlying trends for commodity demand long-term point to an inevitable recovery in pricing, and mineral company fortunes, that will be of little comfort to cash-strapped