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.
Potash Corp./Saskatchewan (TSX: POT)(NYSE: POT) is the world’s largest fertilizer company and it is responsible for one-fifth of the global capacity of potash, which is a key nutrient used in the production of fertilizer. Although it is a vital player in the agriculture industry, this has not led to a strong performance in the stock market in 2014, as its shares have risen just 2.8% year to date, underperforming the TSX Composite Index’s 4.5% gain.
Read more at The Motley Fool.
