Dryblower sees the dead hand of government descending

IS this the beginning of a fresh round of global mining industry consolidation, or the end? That’s a question which Dryblower and a few seasoned observers are asking as investors contemplate the possible merger of Xstrata and Anglo American.

But, as the game heats up and new players join in with their takeover moves, it will become a lot clearer that future control of the world’s mining industry is passing from investors to governments.