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 board of Vale SA , the world’s largest iron ore producer, on Wednesday approved plans to raise 1 billion reais ($287 million) from the sale of debt notes to expand the railway system at its Carajas ore mine.
via Brazil's Vale plans debt sale to expand Carajas railway – Yahoo Finance.
