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.
(Updates with comment from analyst in fifth paragraph.) Sept. 23 (Bloomberg) — Coal India Ltd., the world’s biggest producer of the fuel, plans to use its $9.2 billion of cash to increase production and pay more dividends as investors clamor for