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.
Situated close to the Ural mountains, which divide Russia into the European and Asian sides, the Gaiskiy GOK copper-zinc mine celebrates the 50th anniversary of its mining operations. The jubilee year also includes the start of the installation work on two new Metso mills, which will contribute to the doubling of the mine’s production during the coming years. MEI Online reports: http://www.min-eng.com/ops/eu/120.html