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.
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Coal mining groups Joy Mining Machinery and JH Fletcher & Co are have announced the signing of an exclusive distribution and authorised service provider agreement. The agreement gives Joy the right to market, sell and service all Fletcher products to coal mines, as well as hard rock and industrial mineral mines that use Joy cutting products. The agreement is effective immediately and covers all locations worldwide with the exception of North America, Australia and Norway where Fletcher will continue to market, sell and service its products as it has in the past, and coal mines in Poland where Joy’s rights will not be exclusive. (more…)
