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.
The Surat Rough Diamond Sourcing India Limited (SRDSIL), a consortium formed in August 2010 by more than 1,500 diamantaires to directly source rough diamonds, says it will be selling US$5.2 million worth of rough diamonds directly sourced from Russian…