JP Morgan Natural Resources (a UK OEIC) is a highly respected fund managed by Ian Henderson, with colleague Stuart Connell. With an overall Morningstar 4-Star rating, the fund’s objective is long term growth by investing primarily of shares in companies throughout the world engaged in the production and marketing of commodities.
As at today’s date, the [...]
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Rio to double spending in 2010
LONDON (Commodity Online): Signs of economic recovery were visible in mining companies’ plans for the coming year with mining giant Rio Tinto doubling its planned capital spending for next year to at least $5-billion.
Capital spending in 2010 was due to be cut to $2.5-billion, just enough to sustain current mines, but current plans were for [...]