Despite boasting major mineral wealth, mining in Asia and a number of Asian countries are in the bottom 10 of world places to invest due to considerable political instability, according to Canada’s Fraser Institute.
Despite the global credit crunch that has followed the subprime mortgage crisis in the United States, merger and acquisition activity in the mining industry shows no sign of slowing. There has already been evidence that 2008 could break the record set in 2007 for deals in the mining industry and in this report the Asia Miner looks at M&A activity and finds that sustained demand for mineral resources in Asia is driving optimism about long-term growth and profitability.
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