Mining: Mining maturity

Xstrata is showing signs of returning to health - and of growing up. A surprise return of a dividend payout at the London-listed miner is a vote that commodity prices won’t take a tumble again soon. It may also be a sign that Mick Davis, the chief executive who has built up Xstrata through a series of deals since its initial public offering eight years ago, might be ready to change his ways. Davis is now focused on organic growth. After aborting plans for a merger of equals with rival Anglo Ame...