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.
Copper fell on Thursday due to weak export orders from big metal consumer China and a survey showing a contraction in manufacturing activity in the euro zone, but supply concerns kept a floor under prices.
Three-month copper on the London Metal Exchange was $9,130 a tonne in official rings, down from a close of $9,275 on Wednesday.
