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.
Mining veteran Ross Beaty says he’s never seen a market like the current one, where gold and copper are at or near all-time highs, but “there’s absolutely no money for the junior space.”
In an interview at AME Roundup in January, the chair of Equinox Gold and founder of Pan American Silver discussed how that tension will be resolved, cost pressures in the sector, and why investors feel that “bigger is better.”
Beaty spoke with Northern Miner Western Editor Henry Lazenby.
