Sentences with phrase «in junior miner»

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.

Jay introduces the program, gives updates on sponsors, talks about Chen Lin's newsletter and says it is difficult to invest in junior miners.

Not exact matches

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.

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.

Sprott bought stocks in several junior miners, two of which — Kirkland Lake Gold and Newmarket Gold — merged to form a significant mid-market player in September 2016.

They also bought $ 25 - million (U.S.) worth of call options on the Market Vectors Junior Gold Miners ETF (GDXJ), leveraging their position beyond the two million shares they already held in the ETF.

SHRINKING profit margins and dwindling cash balances in the junior mining sector are not only putting pressure on miners, but also those who provide key services to the sector.

Iron ore miner Pluton Resources has settled proceedings against junior secured creditor Rizhao Port Group Logistics, which includes the removal of receivers appointed by Rizhao in disputed circumstances last month.

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.

The state government has announced a $ 40 million package to reduce charges at the Utah Point bulk handling facility by up to $ 2.50 per tonne, in an effort to help junior miners continue to export iron ore.

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.

Paul has investments in 23 other miners — many of them small Canadian risky «juniors» — so it's doubtful he's doing much better with the rest of the portfolio.

Junior miner Red 5 has suspended milling operations at its Siana gold mine in the Philippines after its damaged tailings dam was deemed unrecoverable.

The $ 1.97 billion Market Vectors Junior Gold Miners ETF (NYSEArca: GDXJ) was also caught in the sell - off, tallying losses of 9.15 percent on average daily trading volume that neared 3 million shares.

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 empMiners 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 empminers with strong balance sheets and high revenue per employee.

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.

Like the move that began in late 2015, it seems that some of the junior miners per GDXJ have gotten the party going.

Safety / Fluctuations of principal / return: Loss of money is a risk of investing in the U.S. Global GO GOLD and Precious Metal Miners ETF (GOAU), VanEck Vectors Gold Miners ETF (GDX) and VanEck Vectors Junior Gold Miners ETF (GDXJ).

In a bear market for junior miners, exploration capital can be hard to come by.

By: Victor Moolman 21st October 2016 Mining equipment supplier Tenova Takraf Africa is offering junior miners in the surface mining industry a tailor - made package that will help new mining operations produce State - owned power utility Eskom - grade coal.

Holdings in the funds mentioned as a percentage of net assets as of 09/04/2014: Alamos Gold, Inc. (0.04 % World Precious Minerals Fund); Anadarko Petroleum Corp. (2.11 % Global Resources Fund); Argonaut Gold (0.00 %); AuRico Gold, Inc. (1.85 % in Gold and Precious Metals Fund, 0.41 % World Precious Minerals Fund); B2Gold Corp. (0.00 %); Canadian Natural Resources, Ltd. (1.59 % Global Resources Fund); Cimarex Energy Co. (1.80 % Global Resources Fund); Detour Gold Corp. (0.00 %); Deutsche Bank (0.00 %); Devon Energy Corp. (1.82 % Global Resources Fund); JUMBO S.A. (0.00 %); Klondex Mines, Ltd. (7.76 % Gold and Precious Metals Fund, 7.51 % World Precious Minerals Fund, 1.22 % Global Resources Fund); Market Vectors Junior Gold Miners ETF (0.16 % Gold and Precious Metals Fund, 0.17 % World Precious Minerals Fund); Peyto Exploration & Development Corp. (1.31 % Global Resources Fund); Primero Mining Corp. (0.05 % Gold and Precious Metals Fund, 0.02 % World Precious Minerals Fund); Suncor Energy, Inc. (2.13 % Global Resources Fund); Tsakos Energy Navigation, Ltd. (0.00 %); Türk Telekom (0.00 %); Turkcell (1.79 % Emerging Europe Fund).

One of the main reasons we're so fond of the stock is that in 2013, when the Market Vectors Junior Gold Miners Index was down 61 percent, Klondex was up 28 percent.

Similarly, I plunged into the junior gold miners ETFs in late 2015 by way of the GDXJ, and within eight months, it had advanced 170 %.

I do hold VanEck Vectors Junior Gold Miners ETF (GDXJ), which may hold some of the companies mentioned in this article.

Investors were completely confident in the hot momentum stocks (like the banks) but were not terribly confident in the inflation beneficiaries like the gold miners, whose junior brethren were largely domiciled on the TSX.V.

I discussed this in depth in a Morning Note on March 12th titled, «What the Gigafactory Means for the Junior Miners».

Holdings in the Gold and Precious Metals Fund (USERX), World Precious Minerals Fund (UNWPX) and Global Resources Fund (PSPFX) as a percentage of net assets as of 6/30/2014: Atico Mining Corp. (USERX 1.03 %, UNWPX 0.52 %)-RRB-; Avala Resources Ltd. 0.00 %; Barrick Gold Corp. (PSPFX 0.02 %); Coeur Mining Inc. (USERX 0.24 %, UNWPX 0.24 %); Comstock Mining Inc. (USERX 3.57 %, UNWPX 2.12 %); Detour Gold Corp. (USERX 4.94 %, UNWPX 1.85 %); Dunav Resources Corp. 0.00 %; Dundee Precious Metals Inc. (PSPFX 0.49 %, USEX 5.15 %, UNWPX 3.16 %); Fortuna Silver Mines Inc. (USERX 1.14 %, UNWPX 0.36 %); Franco - Nevada Corp. (PSPFX 2.21 %, USERX 2.45 %, UNWPX 1.16 %); Fresnillo Plc 0.00 %; Goldcorp Inc. (USERX 0.07 %, UNWPX 0.07 %); Gran Colombia Gold Corp. (PSPFX 3.20 %, USERX 5.54 %, UNWPX 6.54 %); Kinross Gold Corp. (USERX 0.14 %, UNWPX 0.05 %); Klondex Mines Ltd. (PSPFX 1.34 %, USERX 6.58 %, UNWPX 6.60 %); Market Vectors Junior Gold Miners ETF (USERX 0.55 %, UNWPX 0.55 %); Newmont Mining Corp. (PSPFX 0.01 %, USERX 0.12 %, UNWPX 0.11 %); Northern Star Resources Ltd. (USERX 2.50 %, UNWPX 0.24 %); Orex Minerals Inc. (UNWPX 1.27 %); Osisko Mining Corp. 0.00 %; Pretium Resources Inc. (UNWPX 3.07 %); Randgold Resources Ltd. (USERX 2.09 %, UNWPX 1.34 %); Royal Gold Inc. (PSPFX 2.18 %, USERX 3.14 %, UNWPX 0.91 %); Sabina Gold & Silver Corp. 0.00 %; SEMAFO Inc. (USERX 3.27 %, UNWPX 1.13 %); Virginia Mines Inc. (UNWPX 5.48 %)

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.

Unfortunately, junior miners are often in need of cash based solely on inferred resources, which are really just someone's «best guess» of what happens to be in the ground at the time.

For our recent report on a Canadian penny stock with a big project in progress, read Junior miner aims for big payoff in the Yukon

In trading on Thursday, the Junior Gold Miners ETF (GDXJ) is outperforming other ETFs, up about 2.5 % on the day.

The volatile nature of commodity prices adds to the risk of stocks and funds in this category, which invest in higher risk, less liquid stocks, such as small oil and gas companies and junior miners.

That doesn't surprise me really — I'm sure if you plugged in most other junior miners right now, they would probably show the same rating.

Meanwhile, the market is anticipating the rebalance by selling down junior miners held in the GDXJ.

The Market Vectors Global Junior Gold Miners Index includes companies that generate at least 50 % of their revenues from (or, in certain circumstances, have at least 50 % of their assets related to) gold mining and / or silver mining or have mining projects with the potential to generate at least 50 % of their revenues from gold and / or silver when developed.

This is seen in the high level of dividends paid out pre-2009 (almost unique among the junior miners), while since 2009 I would consider that management have righted the ship as quickly and efficiently as possible.

But Smitheman says it's unfair to expect junior miners to invest large sums in consultation ahead of exploratory work, in the same way a larger, more established company might.

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