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Calling capital discipline in the gold mining industry "appalling," BlackRock's Evy Hambro says...

Calling capital discipline in the gold mining industry "appalling," BlackRock's Evy Hambro says managements need to stop chasing volume growth and start delivering returns. The oil sector pays out 45% of profits as dividends, gold just 25%. The worst thing right now would be a spike in the gold price because it would take pressure of management to make hard decisions.
Comments (1)
  • napes@sympatico.ca
    , contributor
    Comments (8) | Send Message
     
    you are absolutely right!
    The big ones like Gold corp and Bsarrack should be returning to loyal investors their just desserts!
    4 Dec 2012, 11:39 PM Reply Like
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