Published: Tuesday, 22 March 2011 03:26
Written by ASIA Miner News
The tragic earthquake and tsunami in north-east Japan will have mixed impacts on mining in the Asia Pacific region. The uranium industry faces an uncertain future and a tough road following the Fukushima emergency while the coal and oil sectors will benefit with increased reliance on these more traditional energy sources.
The uncertainty created by the natural disaster has meant a bumpy ride for resources shares with an initial slump, followed by a number of good days, mixed with some more nervousness. A number of other mineral resources may also benefit during the reconstruction period.
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