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 significant amount of Rio Tinto’s $700 million payment to settle its dispute over the huge Simandou iron ore will be used to help mend the country’s dilapidated infrastructure. The government of Guinea will use 35 percent of a $700 million windfall
