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.
RNC Minerals Corporation (TSX: RNX) today reported production at the Beta Hunt Mine in western Australia. Beta Hunt produced 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t.
Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father’s Day Vein and a total of 30,145 ounces of high grade coarse gold from all areas. Mining of high-grade coarse gold has resumed in the Father’s Day vein discovery area.
