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.
Mexican President Andres Manuel Lopez Obrador said on Monday that he will not revoke concessions for mining companies, but called on Canadian firms to adhere to the same standards that they follow in their home country.
Canadian miners should run “clean” operations, Lopez Obrador told a news conference, paying correct taxes and salaries as well as not contaminating the environment.
(By Daina Beth Solomon)
