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 world’s biggest miner, BHP Billiton (Hamburg: BHP1.HM – news) , said Wednesday the planned blockbuster merger between Glencore and Xstrata (Dusseldorf: XTR.DU – news) would not impact on its strategy. Commodities (Santiago: COMMODITIES.SN – news)…