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.
JASON BEDDOW, the boss of listed investment company Argo Investments, has expressed concern over the $3 billion in write-downs at BHP Billiton, saying he fears there may be more to come.
After announcing a 3 per cent fall in Argo’s net profit to $167.3…
