– Warren Buffett Robert Spence
IN THIS ISSUE
EDITOR ’ S COMMENT
“ I will tell you the secret to getting rich on Wall Street . You try to be greedy when others are fearful . And you try to be fearful when others are greedy ”
WITH Q4 FINALLY UPON us , the landscape of the mining industry looks significantly different than it did this time last year . A purge in commodity prices incased the sector for most of 2015 , pushing miners to the brink financially as well as forcing an aging industry to adapt to the times .
In the October edition of Mining Global , we interview Newmont Mining ’ s CEO Gary J . Goldberg to find out how the gold producer is acclimating to current conditions of the market and their plans going forward , including insight on recent acquisitions , leadership initiatives , future trends and what separates Newmont from other gold mining companies .
Also this month , we take a look back in history at ALROSA ’ s Udachny mine , which has enjoyed over 50 years of open-pit diamond mining . As the company prepares to transition operations underground , we tell the story of how it all began .
And because profits are what matter most , we explore the financials of the top mining companies in 2015 and rank the leaders based on the almighty dollar .
Enjoy the issue !
– Warren Buffett Robert Spence
Editor robert . spence @ wdmgroup . com
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