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.
Northwest Territories Premier, Bob McLeod, says he has been working with the mining sector to help it overcome the slump in commodity prices.
McLeod spoke to MINING.com at the PDAC in Toronto in March. Despite the downturn McLeod was heartened by a stronger exploration season.
“Well, actually, I was pleasantly surprised. The latest figures for this year show that exploration has spent $99 million,” says McLeod.
