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B.C. mining industry climbing out of dark hole

from The Vancouver Sun

While B.C. miners face an uncertain future, it pales in comparison with the challenges of the global industry, which saw its profits crushed in 2013, according to a new report from accounting and consulting firm PwC. The world's top 40 mining companies lost $280 billion in capital value on stock markets last year and profits, at $20 billion, down 72 per cent, representing the lowest level in a decade, the report states. more


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