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.
Before Montreal-based Malaga Inc. (MLG-T, MLGAF-O) took over the Pasto Bueno mine in 2005, private owners in Peru had turned out nearly six million tonnes of tungsten–or 42,000 tonnes of tungsten concentrate–from just five veins they had… [ Full Story…