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Gold/Mining/Energy : Blue Chip Gold Stocks HM, NEM, ASA, ABX, PDG

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From: Ms. Baby Boomer5/1/2013 12:00:49 PM
1 Recommendation   of 48092
 
Gold miners risk becoming ‘barbarous relic’...

Gold miners risk becoming a “barbarous relic” to equity investors unless they return more money to shareholders, a leading precious metals investor has warned.

Evy Hambro, who manages the emblematic commodities funds of BlackRock that together have more than $7bn in gold-related assets, said the gold mining industry had focused on growing production at the expense of increasing profits. ....

ft.com
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