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.
The Canadian venture exchange capped a bad yesterday with a worse today.
As of 10:51 a.m. the S&P/TSX Venture Composite Index is off 1.96% to 1,234.80. The S&P/TSX Composite Index is down 0.62% to 11,855.980.
Gold is flirting with the $1,600 level, having dropped 0.88% to $1,714.80/oz. Silver is down a full percentage point and trading at $32.545/oz.
Copper is the only bright spot, which is up 0.32% to $3.476.
Chart from TSX Group
