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.
Sandvik Mining in South Africa has donated R1 million to KwaZulu-Natal based Durnacol Skills Innovation Hub (DSIH), which focuses on training, development and skills improvement. Sandvik’s donation covers the training of five students from the surrounding communities, as well as the conversion of offices into comfortable and affordable student accommodation. DSIH operates from the site of the now closed Durnacol coal mine offering a broad spectrum of technical learnerships and apprenticeships as well as other skills sets. (more…)
