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.
A train loaded with iron ore travels towards the Rio Tinto Parker Point iron ore facility in Dampier in the Pilbara region of Western Australia April 20, 2011. Credit: Reuters/Daniel Munoz MELBOURNE (Reuters) – Global miner Rio Tinto has accelerated a…