Silver Miners Slammed on Fresnillo Dividend Cut
August 06, 2013 at 12:20 PM EDT
In an effort to cut costs amid slumping gold prices, several major gold miners have slashed their dividends this year. That roster includes Newmont Mining (NYSE: NEM), Barrick Gold (NYSE: ABX) and Kinross Gold (NYSE: KGC). Those stocks combine for 20.4% of the Market Vectors Gold Miners ETF’s...