Gold CEO Scandal Is Latest Black Eye for Mining as Setbacks Mount
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The mining industry has spent a decade seeking to reassure investors. Its reputation has taken a fresh beating in recent months.
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Published Jan 07, 2024 • 4 minute read
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(Bloomberg) — Endeavour Mining Plc’s shock firing of its chief executive has capped a miserable three months for the global mining industry — and an equally painful period for its shareholders.
The world’s biggest producers have spent much of the past decade trying to rebuild mining’s reputation, after a slew of bad deals and billion-dollar writedowns sent investors fleeing from a business already viewed by many as dirty and risky.
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Bloomberg News
2024-01-07 04:36:06
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