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.
Iberian Minerals Corp. (TSX VENTURE:IZN) today announced preliminary production results for the three and nine months ended September 30, 2011.
Mr. Daniel Vanin, President and CEO, stated “Overall both mining operations continue to deliver in line with 2011 targets. At Aguas Tenidas the labour interruptions that occurred during Q3 were recovered by the operation and we continue to maintain expected metal production guidance for 2011. Condestable’s throughput rate in Q3 increased as the plant expansion was put into operation.”