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X2 chief will be cautious about investing in coal, Africa

The Globe and Mail

At the FT Commodities Global Summit held in Lausanne last week, X2 Founder Mick Davis suggested investors should steer clear of coal investments as he does not expect to see an improvement in the depressed sector until at least 2016.  He also urged caution over resource investments in Africa given weak energy and infrastructure frameworks.

Read more at Mining.com…

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