Detail Geology or Geography; Mining   Oleh:  [s.n] Jenis: Article from Bulletin/Magazine Dalam koleksi: The Economist (http://search.proquest.com/) vol. 400 no. 8748 (Aug. 2011), page 53. Topik: Mining Industry; Business Conditions; Strategic Planning; International Ketersediaan Perpustakaan Pusat (Semanggi) Nomor Panggil: EE29.67 Non-tandon: 1 (dapat dipinjam: 0) Tandon: tidak ada     Lihat Detail Induk Isi artikel The share prices of big mining firms have wobbled in recent weeks, as jitters about the global economy have intensified. But profits are ballooning. On August 24th BHP Billiton, the world's largest miner, unveiled record annual profits of $23.6 billion. Not long ago Rio Tinto, another Anglo-Australian giant, reported record profits for the first half of the year. The other big global miners--Vale, Xstrata and Anglo American--are raking in mammoth sums too. Investors should be celebrating. But Rio missed analysts' forecasts and investors were quick to question the company's strategy. Their main concern is that Rio earned nearly 80% of its profits from a single commodity: iron ore. That makes it vulnerable to price swings, and it is not alone. Vale, a Brazilian miner, gets a hefty 60% of its revenues from iron ore. And last year it sold most of its aluminium business, thus putting all its eggs in an iron basket. Opini Anda Klik untuk menuliskan opini Anda tentang koleksi ini! Kembali

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