# Research by Prof. Aswath Damodaran on miners' return on capital is cited

1 Faculty News May 23, 2012 ![Reuters logo](/sites/default/files/styles/246w/public/assets/images/con_030503.jpg?itok=0OAgrDF0)>

Excerpt from [Reuters blog](http://blogs.reuters.com/breakingviews/2012/05/23/miners-can-live-with-a-not-so-super-cycle/) -- "Miners’ average return on capital was 19 percent in January, according to data from [Aswath Damodaran](http://www.stern.nyu.edu/faculty/bio/aswath-damodaran) at New York University. The industry’s average cost of capital in 10 percent. Fast back to 2000, before the China boom kicked off, and returns were at 6 percent."

[Read more](http://blogs.reuters.com/breakingviews/2012/05/23/miners-can-live-with-a-not-so-super-cycle/)