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.
Raw Materials Group (RMG), mineral economists based in Stockholm, Sweden has concluded a co-operation agreement with Information Center of Ministry of Land and Resources (ICMLR) Beijing, China. RMG and ICMLR strengthen their long co-operation and will pursue a number of joint research projects. The agreement was signed during the China Mining 2011 in Tianjin. By combining RMG’s databases covering all mines in the world with ICMLR’s extensive knowledge of Chinese mineral deposits and exploration, a research unit without equal is created, says RMG. (more…)