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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At the annual Atlas Copco Press Lunch in London, held this year in the Savoy Hotel on December 5, a range of new product offerings were announced, while IM also spoke to key executives regarding ongoing progress with automated and XLP equipment. The decision to change the company structure was also explained – the Construction and Mining Technique business area is now divided into Mining & Rock Excavation, headed up by Senior Vice President Bob Fassl; while a separate Construction Technique business area is now led by Senior Vice President Nico Delvaux. In mining specifically, Dave Shellhammer is now Divisional President for Underground Rock Excavation. A future edition of IM will feature an exclusive interview with Bob Fassl. (more…)
