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.
Coeur d’Alene Mines has received five major safety awards from the International Society of Mine Safety Professionals (ISMSP) for its safe operations, as well as for safe worker activities related to its new San Bartolome silver mine in Bolivia and the development of the Kensington gold mine in Alaska. The awards were presented last week at the ISMSP Conference in recognition of the safety milestones set during the construction of San Bartolome, ongoing worker safety at Kensington, the safe standards set by the Couer exploration group in Chile, and for overall corporate safety standards. San Bartolome is the largest primary silver mine in the world, currently in the last stages of operations startup, and included a mostly-Bolivian workforce of 2,200 during construction.“Worker safety is a hallmark at Coeur, and a foundation upon which we build and operate all our mines and development properties around the world,” said Dennis E. Wheeler, Chairman, President and CEO of Coeur. “Along with environmental stewardship, the message at Coeur has always been to operate at the highest levels of worker safety, and it is gratifying to gain recognition of this from a prestigious industry group such as ISMSP.”..more at International Mining
