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.
Encouraged by international prices of bullion, AngloGold Ashanti is to invest between $1.6 billion to $2.2billion annually in 2012 and 2013 to jack up gold production to 5.5 million ounces a year by 2014-15 against current output of 4.5million ounces,
