
[miningmx.com] – THE mining industry was at a “breaking point” as governments and workers sought a greater slice of profits – a development that would lead to an investor exodus, said Bloomberg News citing a speech given by Gold Fields CEO, Nick Holland.
“Governments in particular are seeing mining as a means of putting more into their central coffers,’ Bloomberg quoted Holland as saying.
“A lot of it has come about because of the metal boom that we’ve seen.’ The “equity model is at breaking point,’ he said in an accompanying slide show.
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