Gold miners have been an embarrassment. A dollar put in gold five years ago would be worth about a $1.70 today; that same dollar in Market Vectors Gold Miners ETF (GDX) would be worth only $0.80.
Why miners have lagged gold price Read More »
The TSX global gold index has lost about a third of its value over the past two years. The S&P/TSX Venture Exchange, stock full of gold mining juniors, hit a multi-year low this month.
Insider buying of gold stocks surges Read More »
The number of “supergiant” gold deposit discoveries has dwindled from two in the past five years to zero in the past two years and ore grades have tumbled.
For gold mines, ‘next cutoff grade is dirt’ Read More »
Kyrgyzstan has used claims of environmental damage at the country’s largest, most lucrative gold mine, Kumtor, to argue for a new agreement with the company operating the mine, Toronto-based Centerra Gold.
Centerra Gold faces half-billion dollar fine Read More »
Backwardation normally only occurs when prices are rising and there is such strong demand and such limited supply that the prices for spot are higher than the future prices, which include interest and storage costs.
Backwardation: Spot price above future Read More »
The world’s 10 biggest gold companies led by Barrick Gold spent more than $US100 billion in the past 20 years buying new mines and projects around the globe.
‘Big is best’ lustre fading for goldminers Read More »
When Randy Smallwood goes hunting for a mine acquisition, he has one hard and fast rule: Bet on the asset, not the management team.
How Silver Wheaton gains in mining slump Read More »
The Guerrero Gold Belt in Mexico has some of the cheapest gold production costs in the world. There are 30–40% more drill rigs operating in the Guerrero Gold Belt than there were one year ago.
Mexico’s low-cost Guerrero Gold Belt Read More »
Silver Wheaton will declare its annual and fourth quarter results this week. Last quarter, the company reported a 13% year-over-year increase in revenues to $161.3 million while net income declined by 11% year-over-year to $119.7 million.
Silver Wheaton looks like a bargain Read More »
Robert Cohen, lead portfolio manager with Dynamic Funds, has been kicking up dust at conferences and in board rooms with his “revolutionary and simple” idea that gold mining companies should hold gold on their balance sheets and use gold-based loans.
Rob Cohen imagines gold-centric world Read More »
