BlackRock Executive Calls Gold Miners’ Share Buy-Backs ‘Reckless’
Evy Hambro, global head of thematic and sector investing at BlackRock, criticized gold mining companies for their share buy-back programmes during remarks at the FT Mining Summit, saying the practice amounted to "reckless capital allocation." His comments, reported by MiningMX, come as several of the world's largest gold producers have ramped up share repurchases over…