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.
A Vancouver company says it plans to acquire and restart a gold-mining operation on Nova Scotia’s east coast. Resource Capital Gold Corp. announced Friday that it plans to acquire the Dufferin mine—which is fully permitted but idle since 2014—and get it operational within about four months after the deal closes.
RELATED: Gold mining back to Nova Scotia with imminent Moose River mine construction
