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.
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Marthinusen & Coutts (M&C), repairer of rotating electrical equipment, is close to completing an R8.6-million contract awarded in January 2011 by specialist winder consulting company DRA Technical Services (DRATS) on behalf of the client Konnoco Zambia, for the rewinding and refurbishment of the rock winder and man winder rotating machines for the Konkola North copper project. Konnoco Zambia is a subsidiary of Teal Minerals (Barbados), which is a Joint Venture owned by African Rainbow Minerals and Vale. (more…)
