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.
Anglo Asian Mining (LSE: AAZ.L -news) increased its gold production in Azerbaijan by 0.4 percent year-on-year to 28,610 ounces in the first half of 2011 from 28,493 ounces in the same period last year, the company said on Tuesday.