Just how much capital do you have to misallocate — to use the management euphemism du jour — to be fired as a mining CEO these days? We are not even past February and just a handful of companies — Kinross, Barrick, Anglo, Rio and BHP — have already managed to impair (or to use the more technical term, piss away) $30 billion.
See http://www.mining.com/the-great-mining-ceo-purge-58106/?utm_source=digest-en-mining-130221&utm_medium=email&utm_campaign=digest.