Not exact matches
In contrast to banks and other financial corporations, the non-financial
sector's foreign
currency liabilities have risen since 2009, consistent with an increase in borrowings in foreign debt markets by larger corporations (particularly in the
mining sector).
The market's largest producers, including Newcrest
Mining, Evolution
Mining and Northern Star Resources, have also benefited from recognition that the recent rise in the US - dollar gold price, a weak local
currency and lower costs across the
sector have created significant positive tailwinds for Australian gold miners.
Furthermore, Atlas is focused on the blockchain
sector and digital
currency mining.
Earnings growth has been challenged due to a slowdown in demand from the
mining sector as well as
currency fluctuations from a stronger US dollar.