Stroud Resources Ltd. is a Canadian public company listed on the TSX Venture Exchange, trading under the symbol “SDR”. Stroud’s mission is to create shareholder value through the exploration and discovery of precious metal deposits. It has previously focused on an easily accessible, epithermal gold and silver projects in Mexico and Archean gold deposits in Canada.
The most significant signs of change are the mega…
There have been a lot of merges causing a stir lately in the mining industry. However, Mining.com argues that they should now focus on innovation. They said, "In this scenario, bigger isn’t always better. The aspiration for a new era of profitability must be met with sustained investment in innovation that delivers on both radical improvement and transformation."
Focusing on innovation and technology could create possibilities for these companies to scale sustainably. After mergers, sometimes businesses can grow more quickly than they can handle. We will see what happens!
The most significant signs of change are the mega-merger of Barrick Gold and Randgold and Newmont’s acquisition of Goldcorp which will move two of the largest miners out of the country, as well as greatly decrease the market cap of mining companies within its borders....
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