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.
Worries about the US economy triggered a major fall in the Bombay Stock Exchange. “On Friday, August 5, the benchmark Sensex plunged more than 700 points before recovering to close 387 points down at the end of trading. Investors were left poorer by $30 billion at the end of the day.
