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.
An initial investment by OAO Severstal, one of the world’s leading integrated steel and mining companies, into South African company Iron Mineral Beneficiation Services (IMBS), could see IMBS’s cutting-edge technology enter the global market and having an impact on the current cost of global steel production. Read more
