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.
China, the world’s biggest buyer of iron ore, boosted purchases 8.3 percent in August to the highest in five months as demand and prices rose. Imports totaled 59.09 million metric tons last month, up from 54.55 million tons in July and the most since