Lower demand and slumping prices should be a wake-up call to those who had started to believe...

|By:, SA News Editor

Lower demand and slumping prices should be a wake-up call to those who had started to believe the mining boom could last forever, BHP's Jacques Nasser says: "Now efficiencies and rationing, in terms of where you put your dollars, and looking at how governments are behaving" - a reference to moves to raise royalties on coal production - "is a very important part of the investment cycle."