Sentences with phrase «gold miners»

Because the profitability of gold miners depends on the prevailing market price for the goods that they sell, these stocks will generally exhibit a strong correlations to movements in spot gold prices.

Canadian gold miners have benefited from the long run up in gold prices.

For many of the largest gold miners out there, the fundamental story for their businesses is looking better all the time.

Of course, the most important and probable reason why he likes gold miners is because they are cheap.

The trail was originally established by gold miners over a century ago, so there's plenty of history in the area as well.

Long - suffering shareholders have seen little in the way of dividends, and gold miners as a whole generated negative cash flow — all during one of the greatest gold bull markets ever.

Many victims of the current outbreak were illegal gold miners who had spent time in caves.

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.

When gold prices go up, gold miners make more money (and vice versa).

«Gold is halfway back from its low but if you look at gold miners [they] are at the all - time lows,» he said.

The challenge has been that alternatives have generally have been as bad or worse, relying on high - temperature acids or in the case of illegal gold miners, using mercury.

The decline has caused many gold miners to struggle.

This fund tracks a basket of small - cap gold miners to allow investors to make an equity spin on this precious metal.

In addition to such operating improvements, another source of value improvement could be consolidation of the junior gold miners via mergers or acquisitions, particularly by senior producers seeking to replenish their reserves.

You could say gold miners struck gold in 2016.

A weak Australian Dollar has led gold miners there to dig deep, according to quarterly production figures.

Naturally, they do not have the same operational leverage that you might find in high - cost gold miners.

Given the sell - off in gold and gold miners since late 2012, it should come as little surprise that we see two miners added to the portfolio.

Even large gold miners are actively planning to shrink output, to focus on profitability.

If you don't think you have the right touch to time your gold investment perfectly for profit, you might look at gold miners and companies tied to them instead.

And if gold prices stay low for a while, these companies will fare better than most gold miners.

The VanEck Vectors Gold Miners ETF increased 2.5 % Friday, its monthly loss 1.9 %.

Gold stocks, as measured by the NYSE Arca Gold Miners Index, lost 6.13 percent.

A gold mutual fund would invest in gold miner stocks.

The group, as measured by the NYSE Arca Gold Miners Index, finished the year up an amazing 55 percent, handily beating all other asset classes shown below.

Shares in gold miner Ramelius Resources have risen for the second time in a week after the company announced it had struck a significant amount of high - grade gold at its Blackmans project in the Murchison region.

Perth - based gold miner Doray Minerals has agreed to purchase a majority interest in Archean Star Resources» Gnaweeda gold project in the Murchison region of Western Australia.

But as far as the GDX, the main ETF for gold miners, is concerned, perhaps the most pronounced aspect of Wednesday's action was that the ETF saw its largest day of volume on record.

Yamana Gold is a Toronto - based gold miner with operations in Mexico and South America.

As of May 2, 2018 the iShares MSCI Global Gold Miners ETF MSCI ESG Fund Quality Score is 4.80 out of 10.

Shares in local gold miner Millennium Minerals closed 13.7 per cent higher today on news it had increased its projected gold production by 11 per cent while lowering costs.

Local gold miner Doray Minerals is seeking to expand its exploration portfolio through a $ 10 million joint venture deal with Rox Resources.

Gold producer Barrick Gold (ABX) is up 135 %... gold explorer NovaGold Resources (NG) is up 53 %... royalty company Franco - Nevada (FNV) is up 51 %... and the Market Vectors Junior Gold Miners Fund (GDXJ) is up 73 %.

For example, the ProShares UltraShort Gold ETF (GLL) bets on gold prices, while the Direxion Daily Gold Miners Index Bear 3x ETF (DUST) bets on gold mining stocks.

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.

Gold miner Northern Star Resources has increased its dividend payout after confirming a 65 per cent jump in full - year profit, on the back of higher gold prices and a reduction in costs.

Meanwhile, flat gold prices weren't enough to keep Direxion Daily Junior Gold Miners Bull 3X ETF (NYSEMKT: JNUG)-- a volatile, leveraged bullish bet on the precious metal — from falling 5 %.

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.

The ETF tracking gold miner stocks (trading under the ticker symbol GDX) is up 14 percent year to date while gold has gained less than 2 percent.

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.

While much of the market's recent focus has been on the hefty short - term gains generated by big miners BHP Billiton, Rio Tinto and Fortescue Metals, Credit Suisse thinks it's time for African gold miner Perseus Mining and graphite play Syrah Resources to surprise with strong returns.

West African gold miner Noble Mineral Resources has halted surface mining operations at its Bibiani project in Ghana, as it evaluates funding options for an underground development.

Copper and gold miner Sandfire Resources has reported a near - 50 per cent fall in half - year profit, but shareholders will still receive an interim payout.

Aspiring gold miner KIN Mining is still on the hunt for a new managing director after the resignation of Don Harper last week, with the company announcing a board restructure that will include an independent chairperson.