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.
Perth-based Scandinavian Resources has announced a dramatic jump in its Swedish iron ore resource from 200-250 million tonnes to 412.1 million tonnes.The company’s shares shot up by four cents on the ASX, or 10 per cent, on the news to close on Friday at
