
Canadian Business Talks Gold Miners with Frank Holmes
There appears to be a sea change in the gold mining industry, beginning with a turnover of management and large write downs of assets. Now, with many gold miners trading at attractive levels, paying dividends and improving their financial transparency, certain gold companies may be poised to outperform gold once more. However, “you want to make sure you’re buying a good business,” writes Bryan.
See also:
Find out what’s driving gold companies?
Read how gold miners can leverage price of gold.
See The Gold Report interview with Ralph and Portfolio Manager Brian Hicks discussing the gold miners that are focused on growing returns.
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The S&P/TSX Global Gold Index is an international benchmark tracking the world’s leading gold companies with the intent to provide an investable representative index of publicly-traded international gold companies. The following securities mentioned in the article were held by one or more of U.S. Global Investors Funds as of 12/31/12: Barrick Gold, Centerra Gold, Eldorado Gold, Goldcorp, Kinross Gold Corp, Randgold Resources, Timmins Gold