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.
First and foremost, and as reported by Reuters last night, “Gaddafi ‘accepts peace roadmap’: South Africa’s Zuma,” and I hope this is the real deal. But the writing has been plastered on the wall. Instability has a way to propel oil and precious metals higher, and the current geopolitical landscape is fertile ground for conspiracy theories, apocalyptic dreams, and allodoxaphobia when views are a bit off the beaten track.As a side note, the various spellings of the name Gaddafi is due to a lack of a “universally accepted authority for transliterating Arabic names,” according to the The Christian Science Monitor.
