VanEck Vectors Junior Gold Miners ETF (NYSEARCA:
GDXJ) are set for their quarterly rebalancing on March 19. This upcoming rebalancing event should further reduce the overlap between the two exchange-traded funds.
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RBC analyst Wayne Lam expects the Junior Gold Miners ETF to keep adding companies. He noted that investors have become increasingly focused on the junior end of the GDXJ. Lam believes this means there is an increase in the number of firms that are eligible for inclusion. The GDXJ added almost 30 new junior gold companies last year, including 10 in the fourth quarter.
He also sees an emphasis on gradually reducing the overlap between the GDXJ and the GDX. Lam said the two ETFs overlap by almost 50% in the companies they include and 70% in market capitalization. The market cap overlap has declined from an average of 80% in 2018 and 2019.
(All amounts in US$ unless otherwise specified)
VANCOUVER, British Columbia–(BUSINESS WIRE)–#arizona–Capstone Mining Corp. (“Capstone” or the “Company”) (TSX:CS) announces its production and financial results for the three months (“Q4 2020”) and year ended December 31, 2020 (“YTD 2020”). Copper production totaled 156.9 million pounds of copper at consolidated C1 cash costs
1 of $1.84 per payable pound produced. Link HERE for Capstone’s Q4 2020 management’s discussion and analysis (“MD&A”) and financial statements and HERE for the webcast presentation.
“Last quarter we saw outperformance at both operations delivering operating cash flow of $67 million, which marks the beginning of very strong financial metrics across the business, moving forward in this current $4.00 copper price environment,” said Darren Pylot, President and CEO of Capstone. “Now that the silver stream is closed, we are in a net cash position and are on track to be debt free in
Home » Internet » Adventus and Salazar announce drilling results at the El Domo deposit highlighted by 9.14% copper equivalent over 22.06 meters
Adventus and Salazar announce drilling results at the El Domo deposit highlighted by 9.14% copper equivalent over 22.06 meters Posted by PublisherInternet Wednesday, 24. February 2021
Adventus Mining Corporation (?Adventus?) (TSX-V: ADZN, OTCQX: ADVZF – https://www.commodity-tv.com/ondemand/companies/profil/adventus-mining-corp/) and Salazar Resources Limited (?Salazar?) (TSX-V: SRL, OTCQB: SRLZF) (collectively the ?Partners?) are pleased to announce continued infill drilling results from the El Domo volcanogenic massive sulphide deposit located within the 21,537-hectare Curipamba project in central Ecuador. Infill drilling for the ongoing feasibility study continues at El Domo with two diamond drill rigs having completed 36 infill definition drill holes totaling 3,908 metres from the planned 4,960 metres, and one drill hole in progre
Capstone Mining Corp.: Capstone Beats 2020 Production and Cost Guidance
(All amounts in US$ unless otherwise specified)
Capstone Mining Corp. ( Capstone or the Company ) (TSX:CS) announces its production and financial results for the three months ( Q4 2020 ) and year ended December 31, 2020 ( YTD 2020 ). Copper production totaled 156.9 million pounds of copper at consolidated C1 cash costs
1 of $1.84 per payable pound produced. Link HERE for Capstone s Q4 2020 management s discussion and analysis ( MD&A ) and financial statements and HERE for the webcast presentation.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210224005371/en/
Figure 1 Cozamin One-way Ramp Ready for Higher Mining Rates. Ramp-up of mill processing to 3,780 tpd by the end of Q1 2021 is on track. (Graphic: Business Wire)