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.
Brazilian major mining group Vale’s Moatize mine in the Tete province of Mozambique produced 620 000 t of coal last year. This was recently revealed by Mozambican Prime Minister Aires Ali. However, only 140 000 t, or about 22.6%, of this coal, was…
