Excellent point wealthcc - commodities being an excellent hedge against potential inflation problems.
Reporter standards seem to have gone out the window, talk about subjective reporting "The Chinese have been prepared to pay $1.75 billion for the rubbish". So if it's not a world class asset, it is automatically classified as rubbish - is mine quality a binary proposition? What a tosser, complete lack of substance in the reporting. They might want to consider chinese buyers know more about the value of mines than some two bit reporter.
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