Mining service company shares outstrip oil peers

May 30, 2017

Responsive image

Companies supplying miners with equipment and services have performed better than their oil sector peers, buoyed by spending on new technology and expectations the demand outlook for other minerals is more bullish than for fuel. The index of mining services companies, such as Atlas Copco, Sandvik and Metso, has risen more than 50% over the last 12 months.

Category: General