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.
Rio Tinto will run the world’s first automated long-distance heavy-haul rail network in the Pilbara, with a $518 million investment (Rio Tinto share $478 million) in driverless trains. The first driverless train will be launched in 2014, with the…
