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Inmet’s Cobra Panama project in Central America.
Inmet’s Cobra Panama project in Central America.
(Inmet)

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Miners must find new partners to survive

The mining industry is in upheaval. Too many miners are writing off billions of dollars and a slew of chief executive officers is being shown the door.

But few people in the business – the miners nor their advisers – will speak bluntly about the tough territory ahead. For the most part they try not to spook shareholders, generating platitudes about focusing on current operations rather than adding acquisitions.