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.
Oct. 12 (Bloomberg) — United Co. Rusal said a letter from Russia’s antitrust watchdog confirms that a planned share buyback by OAO GMK Norilsk Nickel can’t go ahead without consent from the state. The letter “confirms that the buyback is only possible…
