CAPITAL MARKETS

Majors struggling under debt load

EY warns that miners are increasingly vulnerable, with a slump in earnings driven by lower commodity prices leading to the highest net debt to EBITDA ratios since the turn of the century.

Kristie Batten
Majors struggling under debt load

An EY study of 88 large global miners found that net debt has been on the rise since 2010, with earnings dropping over the same period. The Debt in the Mining Sector report noted that this was the first...

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A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

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