“Canada’s top mining official believes the global commodity supercycle is not over, but rather it’s just on pause before it comes roaring back to life.
Pierre Gratton, president of the Mining Association of Canada (MAC), insisted in The Globe and Mail that renewed record demand for commodities from Asia is on the horizon.
“Having been in this business now for 13 years, there is a very significant difference between the mood in this downturn and the kind of attitude and the kind of mood that I used to see in 2000 and 2001,” Gratton said, adding that he expects continued favorable sentiment among industry players to be a positive.”
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