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.
Barrick Gold (ABX) and Newmont Mining (NEM) have suffered due to the recent downtrend in mining companies. If we take into consideration that gold prices are 11% above their 52-week lows, while the stock prices of Barrick Gold and Newmont Mining are at…