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.
Lonrho Mining (ASX: LOM) has recovered 35 diamonds with total weight of 38.65 carats from its Lulo Project in Angola, with processing ongoing. So far, just over 130 cubic metres of gravel from the Lulo Concession has been processed. The diamond grade of…