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.
TORONTO, ONTARIO–(Marketwire – Oct. 13, 2011) – Purepoint Uranium Group Inc. (TSX VENTURE:PTU) reported today that it has expanded their Red Willow North property by staking an additional 2,057 hectares in the Hatchet Lake area of Canada’s Athabasca Basin. The Red Willow North property is contiguous with Purepoint’s Red Willow Project being advanced under a joint venture (JV) agreement with Rio Tinto and, to the west, is contiguous with the Denison Mines/Virginia Energy JV Hatchet Lake project.
