Miners regain sparkle as commodity prices rebound

Increased Chinese spending on housing and hopes of an infrastructure bonanza in the US and India are driving a recovery in resources giants, analysts said, with major miners raking in huge profits."Most miners are going to be making very good cash, and better cash than they have been making for years," UBS commodities analyst Daniel Morgan told AFP.Iron ore, a key ingredient in steelmaking, has been representative of the commodities rollercoaster.