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.
Contract miner Moolmans has been ousted at Yatela gold mine in Mali, where the mining contract has been awarded to Australian company African Mining Services (AMS), Mining Weekly Online learns.
AngloGold Ashanti and Canadian miner Iamgold each own 40% of the mine, and the Malian government owns the balance. AngloGold is the operator….more at Mining Weekly Online
