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.
Where gold goes, silver often follows. Bearish options on exchange-traded funds tracking the metals have been cheaper than bullish ones for the longest time since at least 2009.
That’s a reflection of the bullish mood seen in recent months, Societe Generale SA analyst Robin Bhar told Bloomberg in a phone interview.
