Yamana Gold is a Toronto - based
gold miner with operations in Mexico and South America.
It used to hold 53
gold miners with about 70 % of its allocation within Canada, another 15 % in South Africa and the balance in the United States.
The tiny West Australian town of Menzies is the setting for a gold processing demonstration plant that aims to reinvigorate small
gold miners with a cost - effective and environmentally - friendly alternative to cyanide.
Not exact matches
THE level of exploration activity being undertaken by junior
miners in Africa is increasing,
with Burkina Faso in particular coming more into focus as a promising
gold producer.
Pilbara - focused
gold miner Millennium Minerals has reported good news in a gloomy industry
with a maiden profit of just over $ 34 million for the first half of calendar 2013.
Local
gold miner Doray Minerals is seeking to expand its exploration portfolio through a $ 10 million joint venture deal
with Rox Resources.
Local
miner Doray Minerals has achieved first
gold pour at its Deflector mine in the Murchison region,
with its first shipment to be made next month.
West Perth - based
miner Metals X has hit back at Northern Star Resources» bid for Tanami
Gold's Central Tanami project
with claims that the deal conflicted
with legally - binding obligations.
Two Perth - based
gold miners have run into trouble,
with Troy Resources striking problems at its mine and Kingsrose Mining falling into voluntary administration.
The board of
gold miner Ramelius Resources has given its approval to begin mining at the company's Vivien project near Leinster, while also announcing a $ 10 million facility secured
with the Commonwealth Bank of Australia.
Legend Mining has sold its stake in
gold and nickel
miner Independence Group for $ 4 million,
with the local explorer netting about $ 2.5 million profit from the sale.
The tussle for control of Phoenix
Gold intensified today after Zijin Mining Group struck a pre-sales agreement
with one of the
miner's largest shareholders, boosting its interest to 17.9 per cent ahead of announcing a cash takeover bid that values the business at $ 47 million.
The board of
gold miner Doray Minerals has given the nod to proceed
with developing its recently acquired Deflector project in the Murchison region as soon as it has received enough funding.
Three aspiring
gold miners have announced an increase in projected free cash flow for their respective projects as a result of the strong
gold price, coupled
with falling fuel costs.
Global
miner Barrick
Gold has announced a deal
with the Tanzanian government that involves a 50:50 sharing of benefits from its operations in the country, prompting sharp price movements in local stocks exposed to the region.
Perth - based
gold miner Troy Resources says it expects to record an $ 87 million impairment in its full - year accounts,
with the majority of the charge attributed to the sale of its Casposo project in Argentina.
Shares in Perth - based explorer Apollo Consolidated have surged on news it has struck an agreement
with gold miner Newcrest Mining for its Seguela project in West Africa.
Gold companies Doray Minerals, Ramelius Resources and Saracen Mineral Holdings have posted better - than - expected production results for the December quarter,
with the precious metal
miners bullish on the next six months.
Gold miner Northern Star Resources has posted a steady quarterly result,
with the company confident it will hit its 2018 output target of 600,000 ounces per annum.
Gold miners operating in Western Australia performed solidly in the three months to December,
with Northern Star Resources, Independence Group and Evolution Mining all posting strong results.
Perth - based
gold explorer Gascoyne Resources says the deterioration in market conditions was the reason for backing out of a proposed alliance agreement
with Canadian
gold miner Monument Mining.
Local
gold miners continue to prove there is still money to be made in Western Australia's resources playground,
with Northern Star Resources, Metals X, Ramelius Resources and Saracen Mineral Holdings all closing higher on the ASX.
Five Perth - based junior
miners and explorers have announced plans to raise a combined $ 29.8 million to fund ongoing work at their respective projects,
with Excelsior
Gold also attracting a new cornerstone investor.
Gold miner Doray Minerals is considering a joint venture arrangement
with Metals X spin - out Westgold Resources over its Gnaweeda project.
(For a good explanation of why people think this, read our interview
with «Made in Chelsea» start - turned -
gold miner Francis Boulle.)
Gold prices, which hit a record highs near US$ 1,900 an ounce back in August, have been falling since beginning the year and stock prices of
miners have come down
with them.
GOLD miner SMC Resources Limited has reached conditional agreement with Western Pacific Gold Inc, a listed Canadian mining company, to acquire Australian Resource Manage - ment Pty Ltd, a wholly - owned subsidiary of
GOLD miner SMC Resources Limited has reached conditional agreement
with Western Pacific
Gold Inc, a listed Canadian mining company, to acquire Australian Resource Manage - ment Pty Ltd, a wholly - owned subsidiary of
Gold Inc, a listed Canadian mining company, to acquire Australian Resource Manage - ment Pty Ltd, a wholly - owned subsidiary of WPI.
Comparing the highly correlated price action of
gold with the
miners, he uses their high levels at the end of 2014 as key reference levels.
Gold miner ETFs were some of the worst - performing funds in the week ended Thursday, July 12,
with the iShares MSCI Global
Gold Miners Index Fund (NYSEArca: RING) leading the pack
with losses of 10 percent.
The largest ETF is iShares MSCI Global
Gold Miners ETF (RING) by iShares
with $ 297.87 M in assets.
Some investors have a hard time
with the fact that physical
gold will never make a distribution or generate a cash flow;
gold miner stocks make dividends and report earnings, which can make valuation more straightforward.
The MSCI Global
Gold Miners Index has rallied an incredible 76 % this year, but much of the performance is due to the recovery in valuations: According to Bloomberg data, gold miner stocks were battered last year, with the index down 45 % from its 2015 h
Gold Miners Index has rallied an incredible 76 % this year, but much of the performance is due to the recovery in valuations: According to Bloomberg data,
gold miner stocks were battered last year, with the index down 45 % from its 2015 h
gold miner stocks were battered last year,
with the index down 45 % from its 2015 high.
With respect to the
gold miners, it is important to highlight the differences in investing in the physical commodity of
gold versus buying stock in the companies mining the
gold.
GDX is quite popular
with investors,
with hedge funds using it to take positions on
gold miners and individual investors using it as an alternative to investing in physical
gold.
(Kitco News)-
Miners could not even see Canada's biggest
gold deposit until «glacier receded» and uncovered what lay beneath, according to one mining executive
with operations in northern British Columbia.
The U.S. Global GO
GOLD and Precious Metal Miners ETF (GOAU) seeks to provide investors with exposure to the gold industry by investing in both junior and senior metal miners with strong balance sheets and high revenue per emplo
GOLD and Precious Metal
Miners ETF (GOAU) seeks to provide investors with exposure to the gold industry by investing in both junior and senior metal miners with strong balance sheets and high revenue per emp
Miners ETF (GOAU) seeks to provide investors
with exposure to the
gold industry by investing in both junior and senior metal miners with strong balance sheets and high revenue per emplo
gold industry by investing in both junior and senior metal
miners with strong balance sheets and high revenue per emp
miners with strong balance sheets and high revenue per employee.
Gold miners lagged behind physical gold in 2017, with the VanEck Vectors Gold Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same per
Gold miners lagged behind physical gold in 2017, with the VanEck Vectors Gold Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same p
miners lagged behind physical
gold in 2017, with the VanEck Vectors Gold Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same per
gold in 2017,
with the VanEck Vectors
Gold Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same per
Gold Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same p
Miners ETF (NYSE: GDX) up only 7.7 % on the year while GLD climbed 12 % in the same period.
Quasar Distributors, LLC is not affiliated
with the VanEck Vectors
Gold Miners ETF and VanEck Vectors Junior
Gold Miners ETF.
With potentially huge profits these modern day
miners may have struck
gold in crypto currencies and the news is spreading fast.
In what is described as South Africa's largest class - action settlement, mining companies have agreed to resolve a lawsuit
with gold miners who contracted lung diseases.
(The major
miners serve the bullion banks, not their shareholders, and have actively participated in
gold's price destruction for years, starting
with the «hedging» campaign that handed guaranteed profits to the banks and pitiful share prices to the stakeholders.)
Despite the sell - off Friday, the Market Vectors
Gold Miners ETF (NYSE ARCA: GDX) is still up over 5 percent,
with an increase of 4.4 percent on Thursday alone.
They then test the strategy on each of the triple / inverse triple (3X / -3 X) pairs associated
with the following six base ETFs: Financial Select Sector SPDR (XLF: FAS / FAZ), Powershares QQQ (QQQ: TQQQ / SQQQ), iShares Russell 2000 Index (IWM: TNA / TZA), SPDR S&P 500 (SPY: UPRO / SPXU), VanEck Vectors Junior
Gold Miners ETF (GDXJ: JNUG / JDST) and Energy Select Sector SPDR (XLE: ERX / ERY).
Since royalty companies avoid the costly rigmaroles
gold miners must deal
with on a regular basis — securing permits and building infrastructure, among others — they often receive a healthy return on their investments.
By: Simone Liedtke Updated 1 hour 46 minutes ago
Gold miner Randgold Resources» Loulo - Gounkoto gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mi
Gold miner Randgold Resources» Loulo - Gounkoto
gold mining complex, in Mali, is still expanding, with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mi
gold mining complex, in Mali, is still expanding,
with the Gounkoto superpit and the new Baboto satellite pit joining the Yalea and Gara underground mines.
Under its current arrangement
with the Canadian
miner, Kyrgyzstan has a 26.6 % interest in the Toronto - based
gold producer, which is the biggest foreign investor and taxpayer in the landlocked country, a former Soviet republic.
There is also no scope for a bitcoin
miner to ramp up production in an attempt to price out competitors by driving down the value of bitcoin, as is possible
with gold.
Beginning in 1983
with modest investments in two small mines in Ontario and Québec, he and his partners, including Bob Smith, the legendary mining engineer, grew Barrick into the world's largest
gold miner in less than a quarter century.
27 Apr 2018 - A meeting
with Vitaly Nesis, CEO of Polymetal - Russia's second largest precious metals
miner and one of the key participants in the growth of Russian and Kazakh
gold production was instrumental in learning more about the company - and also Nesis» very...
I took a class in it in business school — while my classmates were building portfolios stuffed
with Internet stocks, I had supermarket stocks and
gold miners like the old Placer Dome.