A sharp fall in commodity prices has hit miners hard, with the sector showing a consistent decline since the end of April 2015. However, analysts are now suggesting there may be an opportunity for those who hold out in the long term.
China's economic slowdown is a key factor weighing on the commodity industry, with the nation's demand for commodities cooling as it transitions from an export-based economy to a consumer-driven economy.
Since the end of April 2015, Europe's STOXX 600 Basic Resources sector has slumped some 44 percent. In the past two years, the sector has slipped over 43 percent. However, the sector did see a strong rally on Wednesday, soaring 8 percent.