Otmane El Rhazi : With metals slumping, investors seek miners that can weather storm

Otmane El Rhazi from Mining Weekly | Ferrous Metals Home.

A slump in metals prices this week and worries over China's growth prospects have heightened investor scrutiny of whether mining companies have the ability to weather the storm ahead. China accounts for almost half of global copper demand, 70% of iron-ore consumption and vies with India to be the top gold consumer. China's economy is seen growing at 7% this year, the slowest in a quarter of a century.