Why Earnings Should Keep On Sinking At Vedanta Resources PLC & Fresnillo Plc
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.Today I am looking at two raw material giants under severe pressure. Mining colossus disappoints againDue to the precarious state of commodities markets, I believe that shrewd investors should continue to give energy and mining giant Vedanta Resources (LSE: VED) extremely short shrift.
The London-based business advised today that earnings halved between October and December, to $493.6m, as all of the company’s major divisions suffered heavy blows. Total revenues headed 27% sout
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