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.
Vale has increased its initial coal production target at the Moatize mine in Mozambique by 76% and is planning to quadruple that result in 2012. Vale sales manager Marcelo Matos said Moatize mine is expected to produce 1.5Mt of coal in 2011, which will
