![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjKa2TkFvWUXTTkS7_FCmx6WK0PYVMc_3ZGSSduAbizHp0zqRwwFChRGJ5MkTr-hhs8VCLwLhV2Izc1k-1ekCiKDSiHWsjOg62IbBMeGq-ok23ftEnhEFdXzL3H82Oi-2hKODfsPA/s200/silver_ag_orig.jpg)
Mineweb.com says Credit Suisse is predicting that the credit crunch may delay $50 billion in investment in mining during 2009 for new and expanding projects. This could amount to nearly 2/3 of spending planned for the year. They worry this could lead to delaying $150 billion that was expected to be spent in 2010-12. [right, silver bar, credit Asarco]
No comments:
Post a Comment