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.
KEYWORDS: copper , cancelled warrants , LME , premiums , copepr prices The recent rise in cancelled warrants for copper is a sign of Chinese merchants restocking at prices at or below $7,000 per tonne rather than consumption, traders told MB. The recent…