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 Russian Direct Investment Fund is considering taking a part in the privatization of the country’s diamond miner Alrosa, TASS news agency cited the Fund’s Chief Executive Officer, Kirill Dmitriev, as saying on Monday.
The government plans to sell a stake in Alrosa later this year.
