When you are in a hole, stop digging. Miners are surely in a hole, and have slashed capital spending. Plans to dig the biggest hole in the world – at Olympic Dam in Australia – are on hold, and talk of “peak everything” has given way to muttering about the end of the commodity supercycle, the decade-long rise in prices.
如果你已經身陷坑洞，就不要再挖洞了。礦商現在肯定正身處洞中，它們一直在削減資本支出。開挖全球最大礦洞——位於澳洲的Olympic Dam——的計劃已暫停，先前「超越一切」的豪言壯語已讓位給對大宗商品超級週期或已結束的小聲咕噥。超級週期是指長達10年的價格上漲。
您已閱讀17%（453字），剩餘83%（2175字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。