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Analysis

Is increasing mining R&D the only hope for saving a stalling industry?

Anglo American chief executive Mark Cutifani recently warned that innovation in the mining industry is coming at too sluggish a pace, and that the rising costs of extraction and transportation need to be addressed with new ideas. We examine the rate of change and innovation in the mining sector, which Cutifani says spends one-tenth the amount on research and development when compared to the oil & gas industry, and find out whether enough is being done.

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