I discussed this in depth in a Morning Note on March 12th titled, «What the Gigafactory Means
for the Junior Miners».
In a bear market
for junior miners, exploration capital can be hard to come by.
Not exact matches
West Perth - based
junior miner African Energy Resources has farmed out a 51 per cent stake in its Sese coal and power project in Botswana to a Vancouver - based firm
for $ 8 million.
Junior miner Kidman Resources has tapped investors
for $ 21 million to fund exploration work at its gold and lithium deposits in the Goldfields.
Junior miner Jameson Resources says it has received firm commitments
for a $ 2 million capital raising to fund work at its flagship Crown Mountain coking coal project in British Columbia.
Coupled with sinking commodity prices and general investor shyness around
junior miners, Ivanplats will have to convince investors to pry open their wallets
for a piece of a project with unknown potential located in the high - risk Congolese jungle.
This is especially true
for junior gold explorers and
miners due to low - trade volumes.
The VanEck Vectors
Junior Gold
Miners ETF (GDXJ) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVIS Global
Junior Gold
Miners Index, which is intended to track the overall performance of small - capitalization companies that are involved primarily in the mining
for gold and / or silver.
For information regarding the investment objectives, strategies, liquidity, risks, expenses and fees of the VanEck Vectors Gold Miners ETF and VanEck Vectors Junior Gold Miners ETF, please refer to the prospectuses for those fun
For information regarding the investment objectives, strategies, liquidity, risks, expenses and fees of the VanEck Vectors Gold
Miners ETF and VanEck Vectors
Junior Gold
Miners ETF, please refer to the prospectuses
for those fun
for those funds.
Indeed, Klondex has managed to stay above the Market Vectors
Junior Gold
Miners ETF
for the 12 - month period, delivering a positive return of 7 percent versus the index's -7.5 percent.
12th October 2017 This week: Chamber of Mines stands by its decision to boycott gala dinner; Rip up charter, provide tax incentives, back
junior miners, says Maimane And, ANC will heed Joburg Indaba call
for removal of Minerals Minister, says Mkhize →
This volatility is the result of last week's announcement that the composition of the MVIS Global
Junior Gold
Miners Index (MVGDXJTR) will change to allow
for the inclusion of larger...
This is a risky bet: the
junior miner gets to be «associated» with TSLA through an agreement; and as lithium prices rise, TSLA (and other battery manufacturers) hope that lithium producers will be forced back to the bargaining table
for fear of losing market share to incipient
junior producers.
One
junior miner looking to capitalize on the growing demand
for this commodity is Graphite Energy Corp..
The best
junior miners have a major partner who has agreed to pay
for the drilling or other exploration or development, in exchange
for an interest in the property.
For our recent report on a Canadian penny stock with a big project in progress, read Junior miner aims for big payoff in the Yu
For our recent report on a Canadian penny stock with a big project in progress, read
Junior miner aims
for big payoff in the Yu
for big payoff in the Yukon
It had been almost two years since their employers,
junior miner Solid Gold Resources Corp., received instructions from the Crown to contact the band
for consultation over its plans
for a 22,000 - hectare patch of unpatented mining claims, and none had occurred.
We strive to serve Private & Public Funds, Banks, Angel & Small Investors,
Junior Miners and generally speaking we do due diligence
for anyone interested in investing in a sector renowned
for being high risk high reward.