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.
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Mining services company ADG Global Supply (ASX: ADQ) has established a new London based office and distribution facilities in London and Antwerp as a part of an expansion into Europe. ADG says its “increased presence in Europe will allow the company to better service exploration and mining clients operating across Africa. ADG is a Western Australian companty which currently has clients operating in 13 countries throughout East, West and Central Africa. In FY 2011, ADG doubled its revenue from its industrial products, global procurement, supply chain and project logistics services into Africa to A$21 million. (more…)
