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.
The group hit its production target despite virtually no output from its Daw Mill colliery in Warwickshire during December. At its other mines, Kellingley in North Yorkshire produced more coal than expected and Thoresby in Nottinghamshire mined in line…