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 Andina 244 pit will cover 510 hectares to a depth of 800m in the central valley shown on this satellite image. On the immediate right of the existing Codelco pit in this picture is the Los Bronces mine, the subject of a bitter dispute between Codelco and owners Anglo American last year