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.
White Tiger Gold, a Russian exploration company, granted a $10 million credit facility to Century Mining (CVE:CMM). The two companies will be combined at the end of the year. The funds will be used to help Century Mining expand. Century Mining has operating gold mines in Quebec and Peru.
