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Morgan Stanley heralds bounceback in mining stocks

Major miners nearing pre-COVID valuation, with BHP the notable exception.

Tom Hoskyns
Shares in the major diversified miners are up around 40% on average since the March equities crash

Shares in the major diversified miners are up around 40% on average since the March equities crash

US investment bank Morgan Stanley said shares in the major diversified miners were up by an average of 40% since mid-March "in spite of the continued drift in spot EBITDAs". One notable exception is...

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