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.
Russian steelmaker OAO Severstal’s unit said it bought 1 percent of High River Gold Mines at a discount, sending the Canadian miner’s shares down 3 percent on Tuesday morning on the Toronto Stock Exchange. Nord Gold N.V. bought 8.2