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.
Detour Gold has executed a term sheet with Caterpillar Financial Services pursuant to which Cat Financial has agreed to underwrite an additional mining fleet lease facility of some $40 million to fund its acquisition of additional Caterpillar mobile fleet equipment including two rope shovels for the Detour Lake gold project in northeast Ontario. Read more
