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.
Gold miners have been one of the weakest groups in the last two months, but yesterday the activity returned. optionMONSTER’s Heat Seeker tracking system detected a surge of unusual call activity in Barrick Gold, AngloGold Ashanti, Gold Fields, and Agnico-Eagle Mines. Most of the transactions occurred around the same time in the first three hours, which suggests it was the work of one or two large investors.
