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Mid-tier gold miners are outperforming industry giants by pursuing smaller project for lower costs.
According to Julie Gordon writing for Reuters, modest-sized gold miners are beating the industry giants, whose capital costs are soaring due to the pursuit of multi-billion mega projects.
Centuries of exploitation mean large gold deposits are now scarce, forcing mining giants to construct huge mines in remote regions. This in turn requires companies to foot the bill for the construction of their own specialist infrastructure.
Small mine can be built for a fraction of the cost, however, and are not beleaguered by any of the complications or logistics problems of the mega mines.
As a consequence, mid-tier firms such as Yamana Gold Inc. (TSX:YSR) and Alamos Gold Inc. (TSX:AGI) are currently outperforming Toronto Stock Exchange’s S&P/TSX Global Gold Index., which has plunged 24% this year due to tepid gold prices and ballooning costs.
11 Comments
Alexandra Pearls
is very good inverstmemt
Bear Grylls
Its a nice article about gold miners. always any company think higher return from low investment. It will be more easy to halt capital flight and more investment will be occurred here
women health
I believe Low cost presents a fantastic problem with my international opportunities. we tend to ought to was mindful on this kind of.
Guest
I expect more articles from Marc Howe in the coming days.
drum loops
mid-tier gold miners are investing in a good project. modest size gold miners are beating the industry giants.
Wisconsin Events
Low cost creates a great problem in our international market. we should be careful about this.
Auto Transport
Small mine can be built for a fraction of the cost and i think it is very profitable and high return.
Wheelchairs
Mid-tier gold miners are outperforming industry giants by pursuing smaller project for lower costs.
Partagas Serie D No 3
Profitable investments grasp us to invest. That is very profitable by low cost investment and it can make return high. Thanks a lot for sharing with us.
Investment
It is very profitable as it has low cost and high return. It will be more easy to halt capital flight and more investment will be occurred here
Medical Equipment Supply
It is very profitable as it has low cost and high return from small mine. also can pursue small project for lower costs.