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.
Argentina’s opposition candidate Alberto Ángel Fernández met with mining companies on Monday in capital Buenos Aires to discuss his plans for the sector, two sources who attended the meeting said.
Fernández, the front-runner for October’s presidential election, told the companies that his team has been working on a plan to benefit the Vaca Muerta shale oil play and the country’s mining sector, one of the sources added.
Fernández also said he wanted to promote the flow of dollars into Argentina, without putting controls on taking money out, the source said.
(By Cassandra Garrison)
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