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"From 2010 to 2015, the top 40 have impaired the equivalent of a staggering 32% of their capex incurred"

Mining Journal
The top 40 mining companies reported total capital expenditure of US$623 billion between 2010 and 2015

The top 40 mining companies reported total capital expenditure of US$623 billion between 2010 and 2015

A total amount of US$199 billion has been impaired since 2010, compared with capital expenditure of $623 billion over the same time period. “While it is unfair to focus on the charges incurred this year...

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