Copper $ 5.387 / lb 0.71%
Brent Crude Oil $ 61.46 / bbl 0.49%
Palladium $ 1553 / ozt 0.42%
Crude Oil $ 57.75 / bbl 0.43%
Natural Gas $ 4.207 / Btu 0.86%
Silver Futures $ 62.73 / ozt 1.14%
Aluminum Futures $ 2871 / ton 0.03%
Micro Gold Futures $ 4353.4 / ozt 0.54%
Micro Silver Futures $ 62.705 / ozt 1.06%
Platinum $ 1787.6 / ozt 1.32%
Gold Futures $ 4354 / ozt 0.55%
Go to MDC Markets

Mining industry eschews mega projects to boost shareholder returns at consumers' expense

Marc Howe | November 05, 2012 | 4:36 am Base Metals Energy Precious Metals Europe Coal Copper Diamond Gold Iron Ore Potash Silver Uranium 

Mining executives have given a clear indication that they plan to slash capital spending and reduce supply in order to improve shareholder returns at the expense of consumers. The Financial Times reports (paywall) that senior managers meeting at the recent...

Mining.com Recommends

Contest Ranking Modal BG Contest Ranking Modal BG
Contest Ranking Title

Your Rankings.

The new Mining Power Rankings are live. Vote for the sector’s leaders in each of the Large-, Small-, and Micro-Cap leagues.

Vote Now