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.
BHP has switched all its iron ore sales contracts from quarterly set to monthly set. Picture: Ron Draine Source: Bloomberg BHP Billiton is close to kicking off spending on its huge Port Hedland capacity expansion, as it bets China’s steel mills will