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.
Latest issue of International Mining Project News available (December 4):This week, International Mining attended the 7th Fennoscandian Exploration and Mining conference in Rovaniemi, Finland. Delegate attendance at FEM 2009, one of the largest exploration and mining conferences in Europe, exceeded all expectations. It is the seventh in a series of conferences held every second year, focusing on exploration and mining in Fennoscandia. Big news included First Quantum Minerals approving the development of the Kevitsa nickel-copper-PGM. It is one of the world’s major undeveloped sulphide nickel deposits and one of the largest mineral discoveries in Finland’s history. Mid-central Lappland is a hot area even in the winter! Also, Agnico-Eagle is finding more gold at its Kittila gold mine and Belvedere Resources announced a maiden resource estimate on its 100% owned, Hirsikangas Gold Project in western Finland. A full report on FEM will be published in a forthcoming issue of International Mining. (more…)
