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.
The Japanese earthquake and tsunami did substantial damage to the Japanese auto industry. Some speculated that the global platinum supply would rise eightfold due to the impact of the quake. Platinum is an essential component in making catalytic converters for the auto industry. The futures for both platinum and palladium both plunged but have since recovered significantly.
