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.
Warburg Pincus LLC, one of the world’s oldest and largest private equity firms, wants to do more deals in Canada’s oil sands.
In a rare interview, Charles (Chip) Kaye, co-president of the New York-based firm, said he thinks the U.S. government’s decision to postpone approval of TransCanada Corp.’s Keystone XL pipeline was shortsighted. And it will in no way diminish Warburg Pincus’s appetite for oil sands investments.
