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.
-4.98%) Maharatna Coal India today said its profitability would be eroded by about Rs 2,000 crore per annum post enactment of new mines legislation which mandates coal miners to share 26% of their profits with project affected people. “It [new mines