Most gold mining companies have new managers who have generally gotten a very good grip on costs and managed to greatly boost margins and cash flows even before the gold price recovery started in late 2015.
Not exact matches
Legere likes nothing more than to travel around the country and visit that
gold mine, at the stores and call centers where
most of the
company's 51,000 U.S. employees work.
Most mining shares that trade in North America rose during the first four days of the week, helped by higher
gold and silver prices, with smaller to intermediate - sized
companies being the biggest gainers.
It covers the largest and
most liquid
companies that derive at least 50 percent from
gold or silver
mining or have properties to do so.
Munk founded his
most significant venture, Barrick
Gold Corp., in 1983 and built it into the world's largest gold mining company in less than twenty - five ye
Gold Corp., in 1983 and built it into the world's largest
gold mining company in less than twenty - five ye
gold mining company in less than twenty - five years.
About half the world's
mining companies have their headquarters in Canada — producers of copper,
gold, iron ore and zinc — and
most of the industry's stock sales go through Toronto.
It's also overtaken its two biggest competitors, Goldcorp Inc. and Newmont
Mining Corp., in market capitalization, allowing it to reclaim the title of the world's
most valuable
gold company.
Rio Tinto is one of the largest and
most diversified
mining companies, operating in iron ore, energy, aluminum, copper,
gold, and more.
While
most Bay Street analysts shy away from
companies embroiled in political strife, Morrison believes that such situations can be a
gold mine for small investors who are willing to do the necessary analysis.
Horizons HEP will invest primarily in a portfolio of equity and equity related securities of North American listed
companies that are primarily exposed to
gold mining and exploration and that, as at the Constituent Reset Date, are amongst the largest and
most liquid issuers in their sector.
But as I highlighted above, I suspect valuation may not be the best filter / catalyst here — the opportunity may be so big, the
most expensive
companies may just win out in the end, the clowns could fall into a
gold mine, and maybe even the crooks are actually tempted to go straight!