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 Silver Institute has reviewed the Gold Institute’s Production Cost Standard to determine its use and adoption by the silver industry.
Through the formation of a committee mostly comprised of Silver Institute member mining company Chief Financial Officers, the Standard, first introduced in 1996, and subsequently updated in 1999 and in 2002, has been modified to include two minor amendments.
