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Commodities Briefing - Categorized | M&A, Metals and Minerals more

Why mining M&A is on hold

Posted on 24 January 2013

Commodity prices are rebounding, but don’t hold your breath for megadeals in mining as a new crop of CEOs takes over.
At least 20 mining chief executive officers have stepped down in the past year, many under pressure from investors and boards. Tom Albanese, CEO at Rio Tinto PLC, was the latest to leave the corner office, agreeing to step down last week as the mining giant said it would write off roughly $14 billion in the value of various assets………………………………………..Full Article: Source


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