The ethical Tempus column was yesterday, so look away now if you would rather not invest your money in companies that extract finite resources from the earth in carbon and water intensive ways.
Spurred on by activist investors — and in the case of Rio Tinto, a scandal over the destruction of a sacred Aboriginal site in Australia that cost the previous chief executive his job — miners are taking steps to clean up their operations, but given the business they’re in, they are not environmental stocks.
They are, however, likely to be the beneficiaries of a worldwide economic recovery this year and for investors willing to get their hands dirty in the pursuit of growth and dividends, they cannot be overlooked. Three FTSE 100
