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Fragile recovery for mining services

MINING service companies are tracking a fragile recovery, but the outlook is not good for those with debt expiring in the next two years.

Andrew Duffy
Fragile recovery for mining services

That is the outlook from Standard & Poor’s, which says looming debt maturities are a key risk for contractors as they fight the downturn. “Our forecasts show that some heavily indebted issuers may find...

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