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 href=”http://www.theaustralian.com.au/business/opinion/hong-kong-jewellers-cashing-in-on-chinas-appetite-for-the-yellow-metal/story-e6frg9if-1226263136194″ target=”_blank”>The Australian reports over the past month they’ve been impossible to miss:
On billboards across Hong Kong, throughout its subway network and all over its buses have been huge advertisements for little gold dragons.
Hong Kong’s jewellers have been determined to cash in on mainland China’s obsession with all things Chinese New Year (and the newly arrived Year of the Dragon is considered a particularly auspicious one) and all things gold.