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.
MINING magnate Gina Rinehart has taken a small stake in listed coal explorer Carabella Resources, sparking speculation she is planning a takeover bid to expand her interests in Queensland. Shares in Carabella shot up 5.5 per cent to $2.10 yesterday after