Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
(By Marc Davis, BNWNews.ca) As the world’s key gold producing nations struggle, mostly in vain, to replenish dwindling below-ground supplies, Mexico is bucking the trend in a big way. That’s right. It’s not a typo. We are indeed talking about gold, not silver. Even factoring-in the world’s other emerging gold producing nations, Mexico still stands head and shoulders above the crowd. In fact, only Mexico has experienced impressive year-on-year production growth over the last decade. This has culminated in an almost doubling of output since 1998 to 1.59 Moz last year. No other nation comes close to matching such a promising statistic. (more…)
