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.
Brazilian mining giant Vale sees iron ore prices for clients remaining flat in the third quarter compared to the second quarter, Vale Chief Executive Murilo Ferreira said on Monday.
“The price will remain practically unchanged for the third quarter,” Ferreira said at a press conference.
