PwC expects the world’s top 40 miners to record after-tax profits of $118bn in 2021, up 68% from the previous year.
In contrast to previous cycles they are resisting temptation to invest in ambitious new projects and increase supply -> huge cash payout.
ft.com/content/d9f382… https://t.co/YbQBU6ZMh9
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…