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BlackRock’s Hambro blasts gold miners’ ‘reckless capital allocation towards share buybacks… without any real process’

Barchart·10/16/2026 10:02:07
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(Kitco News) – BlackRock, the world’s largest asset manager, sees the recent spate of share buybacks by gold miners as reckless and undisciplined, and believes that with gold prices likely to rise higher, the miners and their shareholders would be far better served by investing in new production.