{"id":1063632,"date":"2018-10-04T00:00:21","date_gmt":"2018-10-04T00:00:21","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=1063632"},"modified":"2018-10-04T00:00:21","modified_gmt":"2018-10-04T00:00:21","slug":"is-it-time-to-stop-investing-in-major-gold-miners-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1063632","title":{"rendered":"Is it Time to Stop Investing in Major Gold Miners?"},"content":{"rendered":"

By Charlotte McLeod<\/a><\/span> <\/p>\n

\"gold<\/a><\/div>\n

\ufeff<\/span>\ufeff<\/span><\/p>\n

With production growth falling and few new projects in the pipeline, what’s the investment appeal of major gold miners right now?<\/p>\n

Charles Cooper, head of mine economics at Metals Focus, addressed that issue at last week’s Denver Gold Forum, commenting, \u201cthe question I suppose you would want to ask is, \u2018why would I be investing’ or \u2018why would I want to look at’ the major mining companies if their production growth is falling \u2026 and they’re not returning much money in terms of dividend, or share buybacks to the investor community.\u201d<\/p>\n

He continued, \u201cthe answer is, well, maybe longer term you look at that as a stability factor \u2014 you might want to put your money in long-term stability. But at the moment it’s fairly unattractive.\u201d<\/p>\n

According to Cooper, the fall in production growth from large gold miners is the result of a shift in the sector. \u201cBasically what’s happening is you’re seeing [production] growth coming in from the intermediate sector and the junior miners,\u201d he explained.<\/p>\n

Moving forward, Metals Focus sees gold production increasing this year and next year, then remaining flat until 2022, with the majors likely trimming down their portfolios in the coming years.<\/p>\n

Cooper also touched on where the gold price is headed, noting that although there are \u201ca lot of headwinds at the moment,\u201d Metals Focus sees potential for the yellow metal to \u201crise a little bit higher over Q4, going into the early part of next year.\u201d<\/p>\n

Listen to the interview above for more insight from Cooper on gold.<\/p>\n

Don’t forget to follow us @INN_Resource<\/a> for real-time updates!<\/em><\/p>\n

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n

Editorial Disclosure: <\/strong>The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in contributed article. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.<\/strong><\/p>\n

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Is it a good time to buy gold stocks?<\/h2>\n

<\/p>\n

Learn to profit from gold’s low price this year!<\/h4>\n

Give me my free report! <\/a><\/p>\n<\/div>\n<\/div>\n

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The post Is it Time to Stop Investing in Major Gold Miners?<\/a> appeared first on Investing News Network<\/a>.<\/p>\n

…read more<\/a> <\/p>\n

From:: Investing News Network<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

By Charlotte McLeod \ufeff\ufeff With production growth falling and few new projects in the pipeline, what’s the investment appeal of major gold miners right now? Charles Cooper, head of mine economics at Metals Focus, addressed that issue at last week’s Denver Gold Forum, commenting, \u201cthe question I suppose you would want to ask is, \u2018why […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[359],"tags":[],"class_list":["post-1063632","post","type-post","status-publish","format-standard","hentry","category-inn"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1063632","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1063632"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1063632\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1063632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1063632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1063632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}