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.
Palladium has given traders and investors quite a ride over the past year — mostly on the long side. The launch of the ETFS Physical Palladium Shares (PALL) put a bid on the white metal’s already-tight supplies last year.
Palladium prices have risen 53 percent in the last 12 months, but that counts a month-long slump that dragged prices down to the $730 level from an $862 peak. The sell-off in PALL shares started at $85 and recently ended at $72.
