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Investors calling on mining industry to ‘get smarter’

Posted on 06 March 2013

Investors in the global mining industry are calling on mining companies to “get smarter” and refrain from making investments that contribute to depressed commodity prices, said the chief executive of commodities titan Glencore International PLC.
“Pension companies have a hole in their pockets because the mining companies have not performed,” Ivan Glasenberg told journalists on a call. Mining companies are “not kicking out sufficient dividends, we’re not getting growth in value,” he added………………………………………..Full Article: Source


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