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.
The asset manager sees big opportunities in oversold mining equities, as “valuations are at very low levels” and predicts the recent fall in iron ore prices could lead to drop in supply and, later, to a rebound in prices. BlackRock Inc, the world’s
