Covid-19 cuts $280bn swathe through top 50 mining companies
MINING.COM's ranking of the world's 50 largest mining companies based on market value shows a beleaguered industry at the end of the first quarter 2020.
A chart by the Wall Street Journal shows that capital expenditures by the big oil companies are exceeding cash flow at a higher rate than the major miners.
Vale's Murilo Ferreira has been nominated as Petrobras' next board chairman, while the company still scrambles to deal with the fallout from a vast corruption scandal.