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 priced in Canadian dollars hit a record C$1,686.00 an ounce on Monday as a shock downgrade of the U.S. credit rating late on Friday sparked a rush among investors into assets seen as lower risk, and as euro zone debt concerns simmered.
