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.
gfm.jpg ABB recently won a $24 million order to supply a complete ore hoisting solution for Xstrata Zinc’s George Fisher mine (GFM) located near Mount Isa in northwest Queensland, Australia. The ground-mounted friction hoist will carry ore from a depth…