[miningmx.com] – IVAN Glasenberg said the world’s mining CEOs were doing the right thing by trying to resolve past errors and show more caution in their capital allocation policies, said Bloomberg News citing the CEO of Glencore Xstrata.
“CEOs are now under pressure from shareholders and they are doing the right thing, it’s clear,’ Glasenberg told Bloomberg News. “They are following the mantra.’
“Most CEOs now have got to live with the past errors and they have to resolve the past errors,’ he said.
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