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.
Ian Peggs, President, I-CORP INTERNATIONAL, writes in the November issue of International Mining that for cost reasons there has been a move away from stainless steel mixer/settlers to lower cost concrete basins lined with high density polyethylene sheet/geomembranes. The concrete provides the required strength and the HDPE functions, or should, solely as a barrier to protect the concrete. (more…)