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PwC report rings more alarm bells

With thermal coal miners facing “existential threats”, and the global mining industry’s “old guard” apparently facing a long list of rivals for places in the PwC Top 40, this month’s report by the accounting firm on the industry’s massive recent fall from grace has posed searching questions about its future.

PwC report rings more alarm bells PwC report rings more alarm bells PwC report rings more alarm bells PwC report rings more alarm bells PwC report rings more alarm bells

Investors have dumped 'old guard' miners in the wake of disappointing results and returns

"Significant restructuring needs to continue and deal volumes are likely to reshape the industry ownership mix and hierarchy in the near future," PwC said in Mine 2016, which the firm claimed wa...