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.
Embroiled in one controversy after another, the Manmohan Singh government’s time and attention have been consumed by efforts to put out the fire on “troubled political fronts,” and it has ignored the power and coal crisis, which stares the country in the face and threatens to get out of hand.
