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.
State-run Coal India today said it may invest up to Rs 40,000 crore in the 12th Plan Period ending 2017 towards mines’ development for augmenting production. “We will spend anything between Rs 35,000-40,000 crore in the 12th Plan Period for development