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.
Northland Resources S.A. (NAU.TO) is nearly 5% higher today at $1.29 a share after local officials in Narvik, Norway, approved a construction permit allowing the company to begin work on a new iron ore terminal on the Barents Sea coast.