Ernst & Young Finds Private Equity Houses May Be Targeting Mining

One more bullish development: we just need a fraction of liquidity chasing all assets classes in order to ignite PGM sector.

From TheGoldReport: "In a recently released report, Ernst & Young Global Mining and Metals Center declared that the mining sector, which used to be of little interest to private equity houses, may now be under reconsideration as a private equity target.Ernst & Young asserted in their report, "Mining Is Now the Time for Private Equity," that mining management is "behaving more astutely in limiting capacity expansion and future overproduction. As a result, normal supply/demand economics are being established.""