MANAGEMENT

The hidden cost of mining mergers

Recent M&A news has triggered financial intrigue, but operational costs remain to be seen

Ex-Rio Tinto chief Alabanese's strategy to invest in large, long-life operations fell flat. Photo: Desautels McGill / Flickr

Ex-Rio Tinto chief Alabanese's strategy to invest in large, long-life operations fell flat. Photo: Desautels McGill / Flickr

Miners are no strangers to mergers and acquisitions, but nevertheless the recent prospect of a BHP-Anglo deal had the industry hooked.  At the end of May, BHP announced it was walking away after numerous...

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