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.
Gold had recorded its earlier all-time high on April 30. “Major factors in the coming quarters could see gold rising as high as USD 1,650 (an ounce) by 2011 end. Euro zone debt fears and US economy troubles are positive for gold,” said Gnanasekar
