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.
Gold fell on Tuesday but remained range-bound around $1,600 as investors stayed on the sidelines in the final week of the year, subdued by concerns about the euro zone debt crisis. Recent U.S. economic data had spurred a rally in riskier assets including…