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.
Strong Australian dollar gold prices are fuelling a renaissance of sorts in gold production from South Australia’s outback.
The state is already a big gold producer from byproduct gold output from BHP Billiton’s Olympic Dam and OZ Mineral’s Prominent Hill copper operations.