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.
Scandinavian Resources Ltd. (ASX:SCR) has now acquired the Ekstromsberg and Tjarrojakka iron ore projects, about 45 kilometres from Kiruna inside the Arctic Circle in northern Sweden which chairman Damien Hicks said adds 250 million tonnes of iron ore to the company’s portrfolio.
