Other funds will invest
in gold mining companies (gold stocks), like GDX which seeks to track the Gold Miners Index, which includes many foreign companies.
For this reason, the prices of mutual funds that invest
in gold mining companies tend to move about twice as much as the gold price.
You can buy physical gold or you can invest in Gold Schemes of Banks or you can also buy a Gold Fund that invests
in gold mining companies and then of course you can buy an Exchange traded fund or a Gold ETF.
The question is whether it is better to own physical gold or to invest
in gold mining companies.
I've never thought about investing
in gold mining companies.
I think looking into investing
in gold mining companies would be a good thing to look into.
Gold companies can also increase their reserves by making acquisitions — with gold prices down from their record high you may see an increase
in gold mining company acquisitions at distressed prices.
When you own shares
in a gold mining company you do not own gold.
Not exact matches
ALMATY, April 24 - Canada's Centerra
Gold said on Tuesday it had received an unsolicited bid for its Kumtor gold mine in Kyrgyzstan from Chaarat Gold Holdings but that it had informed the London - listed company that it was not interested in the of
Gold said on Tuesday it had received an unsolicited bid for its Kumtor
gold mine in Kyrgyzstan from Chaarat Gold Holdings but that it had informed the London - listed company that it was not interested in the of
gold mine in Kyrgyzstan from Chaarat
Gold Holdings but that it had informed the London - listed company that it was not interested in the of
Gold Holdings but that it had informed the London - listed
company that it was not interested
in the offer.
The
company has already put at least $ 850 million toward debt reduction from the sale of a
gold mine in Australia, and a portion of its stake
in the Porgera
mine in Papua New Guinea to Chinese
company Zijin
Mining Group.
It was the biggest deal
in the
company's history, but last February it announced a $ 2.49 - billion writedown after finding out that the
gold at Red Back's Tasiast
mine was of a lower grade than previously thought.
Evolution
Mining has bought a large stake in a local gold mining company with tenements near La Mancha's mines and processing plant near Kalgoorlie, which Evolution is also b
Mining has bought a large stake
in a local
gold mining company with tenements near La Mancha's mines and processing plant near Kalgoorlie, which Evolution is also b
mining company with tenements near La Mancha's
mines and processing plant near Kalgoorlie, which Evolution is also buying.
Power generation
company Pacific Energy has won an eight - year contract extension to continue providing services at St Barbara's Gwalia
gold mine in Leonora.
Gold company Evolution
Mining has finalised its purchase of La Mancha Resources» Australian assets and secured $ 100 million
in financial firepower to continue its growth opportunities.
Global
gold producer Newmont
Mining has sold its 19 per cent stake
in local
company Regis Resources.
Phoenix
Gold has taken a planned vote on an alliance with Evolution
Mining off the agenda of its general meeting, being held today, after Zijin
Mining Group made a play to take ownership of the
company in a cash deal worth $ 47 million.
Shares
in junior miner Excelsior
Gold were pummelled today after the
company's new board revealed the full extent of operational issues at its flagship Kalgoorlie North
mine.
Perth
gold company Resolute
Mining is set to become the owner of the Bibiani
gold project
in Ghana from Noble Mineral Resources.
Shares
in gold hopeful Alicanto Minerals have surged on news the company has signed a $ US10 million ($ A14 million) earn - in agreement with Canadian mining giant Barrick Gold for its Arakaka project in Guy
gold hopeful Alicanto Minerals have surged on news the
company has signed a $ US10 million ($ A14 million) earn -
in agreement with Canadian
mining giant Barrick
Gold for its Arakaka project in Guy
Gold for its Arakaka project
in Guyana.
Watpac Civil &
Mining has been awarded $ 89.3 million in contracts in the gold mining and road infrastructure sectors, with the largest being with Chinese - owned company Hanking Gold M
Mining has been awarded $ 89.3 million
in contracts
in the
gold mining and road infrastructure sectors, with the largest being with Chinese - owned company Hanking Gold Min
gold mining and road infrastructure sectors, with the largest being with Chinese - owned company Hanking Gold M
mining and road infrastructure sectors, with the largest being with Chinese - owned
company Hanking
Gold Min
Gold MiningMining.
Former Wallaby player and experienced minerals executive John Welborn will take the helm of Perth - based
gold company Resolute
Mining when outgoing CEO Peter Sullivan steps down
in late June.
Gold and lithium players were the biggest winners
in the quarterly S&P / ASX indices rebalance, with Perth - based
companies Galaxy Resources and Resolute
Mining leading the shift, while contractors and tech firms lost ground.
In addition to dabbling in coal, real estate and oil and gas through their primary company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders in mining junior Infinito Gol
In addition to dabbling
in coal, real estate and oil and gas through their primary company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders in mining junior Infinito Gol
in coal, real estate and oil and gas through their primary
company, the Mancal Group, brothers Fred and Ron are also the biggest shareholders
in mining junior Infinito Gol
in mining junior Infinito
Gold.
Perth - based private
mining contractor Barminco has posted a 30.7 per cent rise
in operating profit for the 2016 financial year, with the
company optimistic about prospects
in the
gold sector for the year ahead.
Newcrest
Mining is looking to increase its exploration acreage
in West Africa through a proposed joint venture agreement with Perth - based
company Taruga
Gold, while AngloGold Ashanti has advanced plans to redevelop its Obuasi
mine in Ghana.
Local
company Talisman
Mining has tapped investors for a $ 16.7 million capital raising to fund ongoing exploration at its Springfield copper -
gold project
in the Murchison region.
Subiaco - based
gold company Indochine
Mining has fallen into the hands of administrators after it failed to attract a party willing to fund its Mt Kare project
in Papua New Guinea.
Local engineering
company Lycopodium has won a $ 68.5 million contract to build processing facilities at a
gold mine in Senegal.
Mining services
company Ausdrill has been named the preferred contractor for a $ US300 million ($ A415 million) contract at Kefi Minerals» Tulu Kapi
gold project
in Ethiopia.
Doray Minerals has posted a sizeable boost
in net profit for the six months to December, as the
company works towards opening its second
gold mine in Western Australia later this year.
Subiaco - based Perseus
Mining has awarded engineering
company Lycopodium a $ 38.4 million contract to carry out work at its Sissingue
gold project
in Cote D'Ivoire, Africa.
Mining and civil engineering contractor Maca has posted a 6.4 per cent increase
in profit to $ 34.7 million for the six months to December, despite revenue taking a hit from recent
mine closures, as the
company shifted its focus onto
gold projects
in South America.
A joint venture between
mining services
companies Ausdrill and Barminco has been named the preferred contractor for work at AngloGold Ashanti's Geita
gold mine in Tanzania, with the deal worth about $ US70 million ($ A99.5 million).
Successful restructuring of operations at the
company's Casposo
mine in Argentina by experienced local partner Austral
Gold Limited may also lead to a further cash inflow for Troy as Austral have the right to gradually increase their equity
in that project over time.
The
mining company extracts copper,
gold, and molybdenum from sites
in North and South America, Indonesia, and Africa.
Steep share declines owing both to that and serious problems with the
company's flagship copper -
gold mine in Mongolia hit Friedland's worth hard.
Franco - Nevada Corp. (FNV: $ 44.16) A royalty
company that buys interests
in a diversified range of
gold mines as well as interests
in oil and gas and other assets.
In June, the company announced the startup of the Efemcukuru Gold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productio
In June, the
company announced the startup of the Efemcukuru
Gold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full product
Gold Mine in Turkey, which is expected to produce 120,000 ounces of gold per year when it hits full productio
in Turkey, which is expected to produce 120,000 ounces of
gold per year when it hits full product
gold per year when it hits full production.
Mining services
company Ausdrill has secured three contract extensions, highlighted by a two - year, $ US108 million ($ 142 million) deal at the Iduapriem
gold mine in Ghana.
So few new large
mines are being discovered today, Pierre says, mostly because
companies have had to slash exploration budgets
in response to lower
gold prices.
While the gathering of such sensitive financial data is sure to have privacy implications, it also represents a
gold mine for a
company that deals primarily
in information.
After Endeavour
Mining acquired True
Gold Mining last April, the junior
company's executive team
in Vancouver found itself out of a job.
AUSTRALASIAN
Gold Mines NL has given the green light to a project to commission a pilot
mining and treatment operation at its Dalgaranga tantalum project
in WA by October.The Perth - based
company has completed a study to establish a pilot operation,...
In an over-funding environment companies are encouraged to eschew revenues in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they're sitting on a gold min
In an over-funding environment
companies are encouraged to eschew revenues
in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they're sitting on a gold min
in a land grab to acquire eyeballs, clicks, page views or whatever other vanity metrics give VCs the false comfort that they're sitting on a
gold mine.
The index is a modified market capitalization - weighted index primarily consisting of publicly traded
companies involved
in mining for
gold and silver.
This ETF offers investors exposure to some of the largest
gold mining companies in the world, thereby delivering what can be thought of as «indirect» exposure to
gold prices.
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.
Under normal market conditions, the
Gold and Precious Metals Fund will invest at least 80 percent of its net assets in equity securities of companies predominately involved in the mining, fabrication, processing, marketing, or distribution of metals including gold, silver, platinum group, palladium and diamo
Gold and Precious Metals Fund will invest at least 80 percent of its net assets
in equity securities of
companies predominately involved
in the
mining, fabrication, processing, marketing, or distribution of metals including
gold, silver, platinum group, palladium and diamo
gold, silver, platinum group, palladium and diamonds.
The timing is right for
gold stocks, especially this junior
mining company that runs one of the richest
gold mines in the world..
Yamana
Gold (AUY; $ 3.20; 1,750 shares; 2.97 %; Inflection Point; $ 12.50 price target): This gold - and - copper exploration company operates seven mines and several ongoing development projects in Brazil, Argentina and Ch
Gold (AUY; $ 3.20; 1,750 shares; 2.97 %; Inflection Point; $ 12.50 price target): This
gold - and - copper exploration company operates seven mines and several ongoing development projects in Brazil, Argentina and Ch
gold - and - copper exploration
company operates seven
mines and several ongoing development projects
in Brazil, Argentina and Chile.