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.
KEYWORDS: metallurgical coal , PEAMCoal , ArcelorMittal , Peabody Energy , Macarthur Coal , Citic PEAMCoal Pty. Ltd. is less than 1 percent away from locking up its acquisition of Macarthur Coal Ltd. now that two major shareholders have agreed to sell…