EPISODE 10
Why is mining a cyclical industry
Duration - 41 mins
|
SHARE EPISODE
|
|
Have you ever been made redundant because of the cyclical nature of our industry? Everyone that works in mining knows that the industry is cyclical. There are booms and busts every 5 to 10 years and they control everything...from severe unemployment to lack of skill development to companies struggling to #innovate...and many other derivative effects. But have you ever wondered whether a lot of the small issues we face are in fact a result of a much higher level problem...that being the cyclical nature of our industry? Is this cyclicity the root cause of all the bad...and maybe the good...in our industry.
Hedley Widdup works for an investment fund called Lion Selection Group. One of their main strategies for investing in the mining industry is to understand where in the commodity cycle the industry is. To take advantage of this cyclicity, they need to understand it.
Hedley joins us this week to explain to us why the mining industry is cyclic...and why it will always stay this way.
Hedley Widdup works for an investment fund called Lion Selection Group. One of their main strategies for investing in the mining industry is to understand where in the commodity cycle the industry is. To take advantage of this cyclicity, they need to understand it.
Hedley joins us this week to explain to us why the mining industry is cyclic...and why it will always stay this way.
The Lion Selection Clock from October 2017 (image courtesy of Hedley Widdup).
A view of the commodity cycles from 1974 till 2013...and the likely drivers behind these cycles (image courtesy of Hedley Widdup).