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.
Huffington Post reports federal safety investigators say two Nevadans were killed in a mining accident partly because someone wedged a broom handle against a reset button to bypass an alarm that would have shut down the system.
The Mine Safety and Health Administration said Monday that managers of Barrick Goldstrike’s Meikle Mine are responsible for the August 2010 accident in Carlin that killed Daniel Noel and Joel Schorr.