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.
While gold continues trading within a few percentage points of its all time high in recent months, the major gold producers such as Barrick Gold (ABX) and Goldcorp (GG), intermediates such as Agnico-Eagle (AEM) and Eldorado (EGO), and juniors such as Rubicon (RBY) and US Gold (UXG) are well off their 52 week highs.
