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.
BE Resources Inc. (TSX VENTURE:BER) is re-releasing rare earth assay results to correct the figures disseminated on Friday, July 22, 2011. The assay results released Friday contained mathematical errors that occurred in the process of aggregating a large volume of the assay results of 15 individual rare earth elements into total rare earth oxides (TREO). The aggregated TREO values were calculated by an independent consulting geologist.