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.
In a recent report, Intierra Resource Intelligence notes that by mine output, India is the fourth largest producer of zinc, and the sixth largest producer of lead. However, beyond production statistics, Intierra argues that the actual impact of Indian commerce on global mining is felt far more widely, especially in terms of recent Indian mining investment that has been “broad-based, sizeable and reflects a willingness to invest in early stage and pre-feasibility projects.” (more…)