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.
Jan. 2 (Bloomberg) — Gold and silver gained after reports that Iran produced its first nuclear fuel rod, spurring investors to buy the precious metal as a haven. Gold for immediate delivery advanced 0.2 percent to $1,566.37 an ounce at 5:32 p.m. in…