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.
While we are not downplaying the potential fallout from the abandonment of the joint venture that is commonly referred to as BPC (Belarusian Potash Company), we believe the real issue facing the potash industry is much more fundamental in nature. Specifically, global potash demand has not grown as expected, which is creating a number of issues for the industry. … Read the full story here.
