- Published: Wednesday, 11 May 2016 09:12
- Written by Steve Fiscor
One of the expressions we are hearing more frequently from mining companies when they talk about high-quality assets these days is the ability to return the cost of capital, make money, generate cash flow, etc., “throughout the commodity cycle.” Many of the people making these statements believe that metal prices have now reached the bottom of the cycle. That generalization could be made easily looking at the last five years. Looking at 15 or 25 years, however, that benchmark for Tier 1 designation rises substantially.