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.
ROUYN-NORANDA, QUÉBEC–(Marketwire – Oct. 11, 2011) – Radisson (TSX VENTURE:RDS) is pleased to announce that Balmoral Resources Ltd., its partner in the development of the “Detour East” property, has advised it that initial drill testing of gold exploration targets on the Detour East Property, located along the Detour Gold Trend in west-central Quebec, has begun. The Detour East Property covers a 20-kilometre-long stretch of the Sunday Lake Deformation Zone, which hosts the Abitibi’s largest undeveloped gold resource-the Detour Gold deposit-on an adjacent property in Ontario.
