Every investor on earth makes bad calls sometimes. But really bad investments should be rare. So consider, for a...
Some of Mali's top gold producers said a new law to allow the military-led government to increase its ownership of mines should not apply to existing operations, but analysts said it was likely to deter future investment. In line with a rise in resource nationalism across the world, spurred on by strong commodity prices, the code adopted by Mali's Parliament - would allow the state and local investors to take stakes as high as 35% in mining projects compared with 20% now. Mining companies operating in Mali said producing mines would be safeguarded by previous conventions, which could allow them to seek international arbitration if necessary.
Insiders who bought Hummingbird Resources PLC ( LON:HUM ) stock in the last 12 months were richly rewarded last week...