MARKETS SPECTATOR: Deepening mine shaft?

Most analysts think miners are unlikely to rebound anytime soon, both some say the drop has been too far and too fast.

This month marks the two-year anniversary of the bear market for commodities. The S&P/ASX 200 Materials Index has dropped 42 per cent since April 2011. In the last two months its descent has been rapid, having slumped 21 per cent.

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