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.
There they go again: After a lackluster start to the trading day, stock indexes took a turn for the worse in mid-morning activity on Wednesday, with commodity producers leading the decline. The S&P/TSX composite index was recently down 158 points or 1.2 per cent, to 13,534. The index plunged more than 240 points on Tuesday. The S&P 500 was down 11 points or 0.8 per cent, to 1345.