The mining industry tends to be highly susceptible to the shifting patterns of macroeconomics, changes in global trade and, in particular, fluctuations in the prices of commodities. It’s no surprise, then, that the share prices of the world’s miners have been squeezed from time to time by the arm-wrestling over trade between America and China. Their tit-for-tat tariffs pose a clear threat of higher costs to mining companies as they send their products to these two vast, key markets.
Yet the sector has its fans — devoted ones, too, who enthuse about the mining giants’ increasingly strong cashflows and balance sheets. And it is not only the miners that boast such support. If you are focused on the sector, you are not going to be