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.
* Usiminas to pay at least $1.16 bln for iron ore rights * Mineracao Usiminas’ Bruijn says IPO not immediate option * Plan helps steelmaker access long-term ore reserves * MBL mines neighbor Usiminas’ Serra Azul compound (Adds comments from Usiminas’
