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.
Major global mineral sands producer, Iluka Resources returned to profit in 2010, primed by a dynamic transformation in the December half year. Iluka Ltd (ASX: ILU) reported a profit for the year of A$36.1 million (US$36.53 million) aided by higher zircon