Upheaval in junior mining as leading ETF GDXJ set to rebalance portfolio in June
Leading junior gold mining ETF the GDXJ is expanding its investing universe in what's known as a "re-balancing", and the effects aren't all positive
Company
Gold Fields Limited (ADR)
NYSE:GFI
Gold Fields is one of the world’s largest unhedged producers of gold with attributable production of 3,64 million ounces per annum from eight operating mines in South Africa, Ghana and Australia. A ninth mine, Cerro Corona Gold/Copper mine in Peru, commenced production in 2008 at an initial rate of approximately 375,000 gold equivalent ounces per annum. The company has total attributable ore reserves of 83 million oz and mineral resources of 251 million ounces.
23 stories · page 2 of 2