[miningmx.com] – BLACKROCK Inc’s EVY Hambro said more CEOs of the world’s gold industry would be fired as write-downs continued to afflict the industry either later this year or next year.
In an interview with Bloomberg News, Hambro, who manages the $8bn World Mining Fund, said: “It’s very clear to us that there will be further writedowns as we go into the full year, or the results season at the beginning of next year’.
“I would be very surprised if we didn’t see more change in CEOs across the gold industry,’ he added.
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