Some hard truths for our biggest miners

Australia’s big miners need to look further afield to gain a more accurate picture of productivity comparisons and stop blaming unions for decisions of bad management.

The past chief executives of Australia’s largest miners, BHP, Rio Tinto and Xstrata have some explaining to do. And the current chief executives, BHP’s Andrew Mackenzie, Rio’s Sam Walsh and Glencore Xstrata’s Ivan Glasenberg need to issue their shareholders with an apology and explain what they are doing to rectify past management’s neglect of productivity.

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