Top miners not appointing female directors

[miningmx.com] – A LOBBY group in the UK has criticised the mining sector for not doing enough to appoint women board directors, said Bloomberg News which cited research showing companies with women did better.

According to a 2012 report by Credit Suisse Group, companies with a market value of more than $10bn, with at least one woman on the board, outperformed those with all-male boards in terms of share-price performance.

Women in Mining UK said the top 100 globally listed mining companies had increased the number of female board appointments by only 3.1% since 2012. “At this rate it will take until 2039 for the top 100 listed mining companies to reach the 30% critical mass of women on boards,’ the group was quoted by Bloomberg to have said.

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