Can resources companies afford to keep digging for value?
PRESS & MEDIA
It has been a year to forget for some of resource stocks giants. Anglo American is down 59 per cent for the year, the world largest diversified miner, BHP Billiton which is part of a $5.2 billion compensation claim that the Brazilian government intends to pursue over the Samarco dam disaster. As if that is not enough, resources shares are trading at multi-year lows, if not historic.
Source: CNBC Africa