Following the high of 2011, with gold prices in excess of US$ 1900 / oz, copper prices in excess of US$ 10,000 / tonne and iron ore prices in excess of US$ 190 / tonne, metal prices crashed and with those prices fell
some of the junior mining companies that depended on them.
Hence the launch, in 2017, of an «Investment Battlefield», in which representatives
of junior mining companies battle it out for prizes worth GBP 15,000 and input from a panel of the world's leading investors.
A friend of mine who is the CEO
of a junior mining company told me that he never hedges for that precise reason — too expensive.
Initially, the terms of the agreement spooked the market into thinking oversupply was imminent and additional supply from a large number
of junior mining plays would not be necessary.
The Gold Report: You follow a large number
of junior mining companies.
Some of the junior mining stocks offer good potential, but they are so thinly traded liquidity can be a real problem.
Other examples are the broad US stock market, the stocks of companies involved in social media and / or e-commerce, the market for junk bonds, and a group
of junior mining stocks where just the hint of a possible discovery has led to spectacular price gains and market capitalisations that bear no resemblance to current reality.
Challenging times face the REE exploration companies just as they do for the rest
of the junior mining industry.
Not exact matches
Junior mining companies» desperation for cash is paving the way for a flurry
of mergers and acquisitions.
The ASX
junior headed by
mining identity Iggy Tan has ambitions to become the world's largest producer
of HPA by way
of development
of their 100 % - owned Meckering Kaolin deposit just east
of Perth.
The Perth - based
junior announced this week that final assay results from a 45 - hole aircore / RC drill program at the Obelisk prospect within the Paterson
mining region in the north
of W.A, had extended the size
of the system from 1 km to more than 4 km and it remains open in all directions.
A recent drilling campaign at Perth based hammer Metals» «Millennium» project in Mt Isa has unearthed a cocktail
of mineralization on a tenement package that cost the
mining junior just $ 83k in cash and shares — and they bought it from Chinese interests.
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.
Mining junior RNI says a number
of recent cost - cutting measures included staff redundancies and salary cuts across the board, as the company announced a $ 26.5 million recapitalisation plan to pay off debt.
The share price
of mining junior Batavia Mining Ltd has more than doubled in the first few days of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within a
mining junior Batavia
Mining Ltd has more than doubled in the first few days of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within a
Mining Ltd has more than doubled in the first few days
of 2006 on a 140 per cent gold resource upgrade that could bring its Gullewa copper gold project in Western Australia back in production within a year.
Junior mining stocks Orinoco Gold and Peak Resources have bolstered their coffers with capital raising that will raise a total
of $ 6.1 million.
RECENTLY - LISTED local
mining junior Bannerman Resources has entered into an agreement to acquire the majority rights to a uranium exploration portfolio situated in the southern African nation
of Namibia in an area close to the world's largest open pit uranium
mines.
After Endeavour
Mining acquired True Gold
Mining last April, the
junior company's executive team in Vancouver found itself out
of a job.
He led the transition
of Osisko
Mining from a
junior exploration company to a leading intermediate gold producer.
The timing is right for gold stocks, especially this
junior mining company that runs one
of the richest gold
mines in the world..
RPA advises major
mining companies, mid-cap producers,
junior mining and exploration companies, financial institutions, governments, law firms, and individual investors on the technical and commercial aspects
of mineral property development.
Mr. Carrington has had more than 30 years
of exploration, production and executive management experience with various
junior mining firms.
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.
Today we will discuss currencies, the merits
of owning gold, and gold
junior mining companies.
A lot
of people blindly invest in these
junior mining companies expecting that if gold price goes up, these
junior mining companies would go up by several multiple times.
It has to be a valuation game based on the underpinning value
of the property and the projects a
junior mining company has.
I'm also the author
of the 2015 book, The Coming Renewal
of Gold's Secular Bull Market and I host a podcast dedicated to bringing you insights and views from the brightest minds in Gold and
junior mining.
The Canadian
Mining Eye tracks Canadian mining sector performance of 100 TSX and TSXV mid-tier and junior companies with market capitalizations at the end, broadly falling between CDN $ 1.6 b and CDN
Mining Eye tracks Canadian
mining sector performance of 100 TSX and TSXV mid-tier and junior companies with market capitalizations at the end, broadly falling between CDN $ 1.6 b and CDN
mining sector performance
of 100 TSX and TSXV mid-tier and
junior companies with market capitalizations at the end, broadly falling between CDN $ 1.6 b and CDN $ 47m.
Back then, there were
junior gold and silver
mining companies that were a fraction
of the market cap
of their much larger - cap
mining peers that had much stronger management, had managed geopolitical risk in a superior manner, and had streamlined operations to a far greater degree than their larger - cap peers that were not huge risks.
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).
Currently, there are a lot
of junior gold and silver
mining companies I would rather own moving forward for their upside potential
of their valuations versus owning Facebook and Amazon, and frankly, we should all feel the same way as well.
The two main ETFs we trade are SPDR Gold Trust ($ GLD), which tracks the price
of spot gold futures, and
Junior Gold Miners ($ GDXJ), which is comprised
of a basket
of smaller gold
mining stocks.
«But this windfall was unevenly spread, as many
juniors continued to struggle to raise financing and more than one - quarter
of the total funds went to just four companies»: Cobalt 27 Capital TSXV: KBLT, Leagold
Mining (since graduated to the big board as TSX: LMC), Trek
Mining TSXV: TREK (expected to merge with NewCastle Gold TSX: NCA and Anfield Gold TSXV: ANF to form an anticipated new company called Equinox Gold TSXV: EQX) and Bluestone Resources TSXV: BSR.
Explorex Resources (CSE: EX) Inc. is a
junior mining company focused on the acquisition
of projects hosting elements critical to the efficiency
of rechargeable batteries.
At our most recent
mining conference, over 50 %
of attendees had over $ 100k invested in
junior mining stocks, 20 %
of those with over $ 500k invested.
Maurice Jackson is the founder
of Proven and Probable, a site that aims to enrich its subscribers through education in precious metals and
junior mining companies that will enrich the world.
Over the coming months we will see a large increase in activity in hiring amongst one
of the hardest hit sides
of the business during the downturn:
junior mining and exploration.
While there haven't yet been massive job losses in Canada's
mining and exploration industries,
juniors have stopped hiring almost completely after four years
of manic activity, Stafford says.
Integra Gold is a
junior gold exploration company advancing projects in Val - d'Or, Québec, one
of the top
mining jurisdictions in the world.
The GDXJ, an ETF that tracks the
junior mining industry, is up118 % since the start
of the year and the TSXV has posted impressive gains
of 52 %.
We recently decided to test this thesis and look at the crop
of graphite
junior mining plays with at least a preliminary economic assessment (PEA) completed.
Daily News Wednesday, December 31, 2008
Juniors looking for a lifeline With commodities prices at multi-year lows, nickel and zinc
mines closing, and exploration programs being scaled back or even cancelled, anxiety is mounting at all levels
of the
mining and exploration industries.
Many
of my short sell and
junior mining stock ideas have been successful despite the lofty stock market and sideways trending precious metals market.
Use my analysis to decide the risk / return merits
of any given
junior mining stock.
Barsele is a Canadian - based
junior exploration company managed by the Belcarra Group, comprised
of highly qualified
mining professionals.
Brent Cook Names Two Top Picks Apr 3, 2017 http://jaytaylormedia.com/media/BrentCook20170403.mp3 Brent Cook talks
of the increasing difficulty for major gold producers to replace ounces
of gold
mined and he names two
junior exploration companies he thinks has a good chance
of finding one or more major gold deposits.
Brent Cook Names Two Top Picks for 2017 Jan 6, 2017 http://jaytaylormedia.com/media/BrentCook20160106.mp3 Brent Cook names his top picks and talks
of fatal flaws to look for in
junior mining stocks.
Why is the Metals Investor Forum widely viewed as the best conference
of its kind for investors and
junior mining companies?
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 %)
Minimizing Risks and Expenses:
Junior gold
mines are inherently risky but PZG carefully avoids the highest risk parts
of the business.