According to a paper in Resources Policy, such compensation packages actively encourage managers to cut costs and increase production regardless of the risks associated with those decisions.
In Toronto, the mining finance capital of the world, all eyes are on the Raptors, now the most valuable sports franchise in Canada as they make their way through the NBA Finals.
If push comes to shove, one of the world’s largest gold miners is prepared to do an end run around the U.S. should President Donald Trump’s threatened tariffs on Mexican goods bite.