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.
Xstrata, the diversified mining group, has withdrawn its proposed employee share ownership programme, the National Union of Mineworkers (NUM) said on Wednesday. Lesiba Seshoka, spokesperson for the union, said Xstrata had written a letter of withdrawal…
