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Need for strong management in global mining

Posted on 27 February 2013

With the volatility in commodity pricing, labour unrest, community opposition to projects, and reduced shareholder value. Few people could say that 2012 has not been a tumultuous year for mining with continued pressure on the world’s consumer markets.
The industry has had to deal with a variety of issues, including: volatile commodity pricing, depressed shareholder value, aggressive stakeholders evicting management (most conspicuously in South Africa and Canada), violent labour unrest (most conspicuously in South Africa and Australia), continuing consolidation in the sector through mergers and acquisitions and high profile community opposition to advanced projects across the globe, most recently in South Africa around ‘fracking’ and in Malaysia around supposed radiation poisoning………………………………………..Full Article: Source


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VRS - who has written 36658 posts on Opalesque Commodities Briefing.


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