Shark-Cage Diving Out, Austerity In for Global Mining Chiefs

  • Rio Tinto, Glencore scaling back involvement at Indaba event
  • GMP Securities scrapped its `Shakedown in Cape Town' party

No more thrill seeking for the executives.

Photographer: Getty Images

For two decades, Africa’s biggest mining conference has brought thousands of the industry’s top executives for deal-making, golfing and galas. This year, there’s little to celebrate.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.