Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
The manpower challenge facing the global mining industry has been underlined by the results of a survey of 4,200 mining professionals conducted by leading mining recruitment job board jobs4mining.com and specialist mining recruiters Faststream. According to the survey, 80% of respondents claimed that they were planning on leaving their position within the next 12 months and were currently actively searching for a new job. The findings of the survey are available in Mining Global Employment Review 2011, published October 25. (more…)