A long-suffering ETF following junior gold miner stocks is outperforming its large-cap peers after breaking above a resistance trend line. Market Vectors Junior Gold Miners (GDXJ - News) is down more ...
There is an irony in the fact Atlas Iron and QR National will today announce their rail plans at the same time as WA iron ore veteran George Jones is in Africa trying to secure government approval for Sundance Resources' Mbalam project.
Junior miners have always brought with them a high risk-reward ratio. For every success there are easily a dozen failed firms that never see their projects go further than a few drill samples
Now that junior miners have already been crushed as much as 45% from their 2011 highs and the advanced exploration companies have already been cast overboard. Dennis Gartman is advising his clientele to “abandon” them because even when gold rallies they don’t rally.
Gold miner ETFs saw a big turnaround Wednesday on heavy volume, raising hopes the long-suffering sector has finally hit bottom. Market Vectors Gold Miners (GDX - News) rallied 3.1% in afternoon trade ...
For investors, the pressure is a reminder that caution is always warranted when looking at how companies interpret drilling results, economic assessments and other data
There are signs of financial distress among Australia's junior mining companies.Earlier this month, Kagara Mining found itself unable to pay its debts, while other smaller miners were savaged by the share ...
Atlas Iron chairman David Flanagan has warned junior miners will struggle to fund the vital South West Creek expansion at Port Hedland by 2015 unless they get long-term certainty over their leases at the harbour.
For those unfamiliar with the colorful lexicon of Wall Street, the term "never catch a falling knife" refers to the danger of buying stocks or commodities that are falling sharply in value. Also referred to as trying to call a bottom, attempts to take a position at the precise turning point of an asset's price [...]