LONDON - The world’s biggest diversified miners have yet to see their share prices reflect their role as providers of the minerals needed for a shift to a low-carbon economy.
Still, many investors are wary. Concerns include the demand outlook from China, the world’s biggest consumer of metals; the sector’s history of wasting shareholders’ money on mergers and acquisitions that never deliver returns; and a patchy record on environmental, social and governance-related issues.
“All the large mining companies are trading on high free cash flow yields relative to the broader market when you adjust for capital spending on growth projects,” said Nick Stansbury, head of commodity research at Legal & General Investment Management . “A whole class of people say ‘I’m out’ because of that uncertainty, and that leads to undervaluation,” he said.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Woody Allen’s memoir earned little interest by publishers, report saysWoody Allen reportedly pitched his memoir to four of the so-called “Big Five” publishing houses, 'only to be met with indifference or hard passes.' Too long in waiting, just not a lot of interest. You molested then married your adopted daughter. Ohhh nooo
Source: latimes - 🏆 11. / 82 Read more »
Forget the Belmont Stakes, the real money is made from being a studHigh-stakes races bring in purse money and prestige, but it's peanuts compared with what owners can make in the $39 billion horse breeding business. Good work ! We also use InstaCryptoNews for fresh news Same with welfare dependency, human trafficking and illegal immigration. Horse racing is animal abuse.
Source: CNBC - 🏆 12. / 72 Read more »
Kirsten Gillibrand rolls out 'Democracy Dollars' plan to reduce influence of big donorsIn a bid to increase political participation & reduce influence of big donors, Sen. Kirsten Gillibrand announced a plan, dubbed 'Democracy Dollars,' that would provide $200 in vouchers per federal election to US citizens over 18 to spend on candidates Best Idea! Now overturn Citizens United and outlaw AIPAC and the NRA! So the government would provide '$' for people to spend on candidates....seriously? Because there's no way that can be fucking abused.
Source: CNN - 🏆 4. / 95 Read more »
Biden opens big-donor fundraisers to pressJoe Biden plans to allow media access to all of his fundraising events — a show of transparency designed to address the Democratic base’s increasing discomfort with the role of big-money donors Yeah.. He's so brave to go up against the incestuous Democrat propaganda machine .. Well, except if you're a random reporter. Then you'll be shoved and hassled away by goons LOL, right. That's why his staffers are physically blocking out reporters who want to ask him real questions. Transparency my butt. He'll be just like Obama and stick to the media jackals he knows will lob nothing but softballs and cover. [Follows appreciated!]
Source: politico - 🏆 381. / 59 Read more »
2020 candidates back away from big money, focus on small-dollar donorsThe 2020 Democratic presidential candidates are forgoing corporate money in an effort to capture small donors — a growing trend of demonstrating support from all kinds of Americans, not just those who can write big checks. Silly.. there are only a fixed number of small donors and they can't all get money from them. Or too many cooks for the pot? Get tired of hearing 'No'?
Source: ABC - 🏆 471. / 51 Read more »
How to bet and (hopefully) win money at the 2019 Kentucky DerbyHere's everything you need to know before placing your bets so you can (hopefully) win some money on the 2019 Kentucky Derby. That ain't happening. Place bets on every horse. Worst case you break even.
Source: USATODAY - 🏆 100. / 63 Read more »
Four books by Asian American authors republished as Penguin ClassicsPenguin Books has added 4 books by Asian American authors to its Penguin Classics imprint of literature in honor of APAHM - NBCAsianAmerica
Source: NBCNews - 🏆 10. / 86 Read more »
As Biden joins 2020 race, a network of big-money Obama donors jumps in with himJoe Biden entered the 2020 race with a unique fundraising advantage, which also serves as a test for Democrats wary of big money. no matter what he still looks old, oh oh HE IS hey the stuff that really makes millennials not like him, this should go well! Love Biden !! We need his leadership now more than ever ! Joe2020
Source: washingtonpost - 🏆 95. / 72 Read more »
Inside Uber's secretive meeting with investors: Big crowds, 'softball' questions and turkey wrapsPotential investors at a Manhattan stop on Uber's roadshow were treated much like potential patrons of a night club. edited and heavily cut their interview with chamath when he started talking about Tesla. The interviewer got very defensive of a Tesla short... Anyone at cnbc with integrity care to explain? 1FIRST we regret to inform Uber that your 'new safety app does not address our concerns about abuse of young women and girls subject to sex trafficking by use of your vehicles.
Source: CNBC - 🏆 12. / 72 Read more »
As cow milk loses popularity, big dairy and plant-based milk makers team upAlthough farmers loudly voice their complaints about alt-dairy products, conventional processors are starting to churn them out alongside traditional milk. There isn't such a thing as plant based milk.* The will of the people will always prevail.
Source: latimes - 🏆 11. / 82 Read more »