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.
– Brazilian miner Vale will stick to its target of producing 1-million tonnes of copper a year by 2015 after pulling out of a bid for South Africa’s Metorex and may pursue other buyouts, a source close to Vale said on Wednesday. Vale said on Monday it