Global miners will increasingly shift away from a diversification strategy as low mineral prices will drive them to concentrate on increasing competitiveness in specific commodities to improve earnings, predicts to research firm BMI. According to a report published last week by the firm titled ‘Global Mining – Diversification Era Over, Focus on Core Assets and Mergers and Acquisitions’, BMI forecast that while miners’ divestments would continue, this would only be a temporary measure to improve the companies’ cost structures and increase operational margins in the short term.
