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.
Zoloto Kuryi, a gold mining company operating in the Altai region, Russia, will increase yearly output by 37% this year to 720 kg, regional authorities have announced.
As of today, Zoloto Kuryi has mined 700 kg of gold worth RUB 1.15 billion (USD 37.45 million) this year.
Source (Russian): Interfax via BrightWire News.
